"Market Anticipation Grows for SEC's Decision on Bitcoin ETFs Amidst Crypto Buzz"

1 min read
Source: Bloomberg
"Market Anticipation Grows for SEC's Decision on Bitcoin ETFs Amidst Crypto Buzz"
Photo: Bloomberg
TL;DR Summary

Bitcoin's price experienced a downturn as traders anticipated a decision from the US Securities and Exchange Commission on the approval of a Bitcoin ETF. The cryptocurrency saw a 4.3% drop to $42,563 amid market nervousness and increased leverage. The wider crypto market also saw declines, with major assets like Ether, SOL, and XRP falling by 2% to 7%.

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