Bitcoin breached $44,000 on Wednesday as traders continue to bet that a bitcoin spot exchange-traded fund will hit the market in 2024. 

Bitcoin (BTC) had posted a mild correction earlier this month, which traders chalked up to an expected dip after an explosive rally. Bitcoin has gained more than 63% since mid-October. 

Ether has followed a similar pattern during the final quarter of the year, gaining more than 45% in the same timeframe. Ether (ETH) was trading mostly flat at time of publication, hovering around $2,180 after hitting a high of $2,262 earlier Wednesday. 

With 11 days to go before New Year’s, analysts have not given up hope that bitcoin could break a new 2023 record…

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