Bitcoin Rolls Into December Above $38,000

While memecoins based on deceased diplomats and Bitcoin bashers rise and fall, the world's top crypto is simmering at high temperatures not seen in over a year, peeking above $38,000 early Friday, according to CoinGecko.

Bitcoin movements have been solid enough to spark bullish conversations, with a constant stream of news emerging about a slew of pending Bitcoin spot ETF applications (which grew by one on Wednesday) and not entirely bad readings from The Fed.

This is a developing story and is being updated as information becomes available.