First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling

“Enthusiasm for bitcoin is growing, propelled by efforts to revive spot bitcoin ETF applications,” Rachel Lin, CEO and co-founder of SynFutures, told CoinDesk in a note. “Its commanding presence in the crypto market is increasingly evident, making up nearly half of the industry’s $1.2 trillion market cap, the most dominant it’s been in over two years.”