![Bitcoin (BTC) Price Tops $47K, Ether (ETH) and Grayscale's GBTC Krisztian Sandor](https://btcusa.com/wp-content/uploads/2024/01/Bitcoin-BTC-Price-Tops-47K-Ether-ETH-and-Grayscales-GBTC-678x381.png)
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Bitcoin recently traded around $47,500, up from just below $46,000 before the news broke Wednesday afternoon. Ethereum’s ether (ETH), the second-largest crypto by market capitalization, jumped 11% and exceeded $2,500 for the first time in 20 months as attention turns to U.S. applications for ether ETFs.
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