Bitcoin's ascent to nearly $29,000 is attributed to amendments in Fidelity's ETF proposal, reflecting ongoing discussions with the U.S. SEC.
![Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?](https://resources.cryptocompare.com/news/77/29576689.jpeg "Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?")
