Bitcoin jumped to a two-week high on Tuesday, August 29, after digital asset manager Grayscale won a lawsuit against the U.S. Securities and Exchange Commission (SEC). Bitcoin's price gained $1,400 within the first hour after the news broke. The ruling by the U.S. Court of Appeals for the District of Columbia Circuit stated the SEC was "arbitrary and capricious" in rejecting Grayscale's proposal for a Bitcoin exchange-traded fund (ETF) that would track the cryptocurrency's spot price.... Read More: Best Crypto to Buy Now August 29 – XDC Network, Avalanche, Algorand
