The original cryptocurrency has soared around 70% already this year.
Other cybercurrencies, including ether, saw even greater gains than bitcoin this week.
The price of bitcoin has wildly fluctuated since it was created more than a decade ago.
Bitcoin miners are getting a jump on an anticipated decline in revenue.
The largest cryptocurrency is down almost 10% since the Jan. 10 approvals by the SEC.
Crypto options and futures are seeing a surge in demand from traditional institutional investors.
Memecoins and NFTs have seen huge gains as crypto rises again.
Investors are anticipating the imminent SEC approval of the first spot bitcoin ETFs.
The inflows are being fueled by expectations that the SEC will approve the first U.S. spot bitcoin ETF.
The largest cryptocurrency's price rebounded to $35,000, the highest level in about 18 months.
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