Page 176 - Bitcoin News Today

Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.

The token fell as much as 1.9% before paring some of the slide to trade at $42,239 as of 9 a.m. Monday in Singapore. It has dropped for four straight days, the worst such run since mid-December.

A new cryptocurrency scam has become prevalent in the country, with financial authorities calling on investors to remain vigilant against fraudulent activities regarding coin investment.

While opinions vary on the impact of Bitcoin ETFs on MicroStrategys investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall

Despite the Bitcoin spot ETF approval, things are not looking so good for the crypto markets since BTC crashed 12% between January 11 and 12.

Bitcoin price slipped to its support zone as market participants turned their attention to Ethereum and altcoins.

On the contrary, market participants believe that Bitcoin ETFs may not make sense for retail investors. Such instruments are usually opted by institutions for passive exposure.

Marathon Digital Holdings (MARA) stock traced its second-straight day of double-digit losses after this week’s approval of spot Bitcoin ETFs launched a wave of institutional selling of the crypto market’s top asset.

Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.

In Mondays trade, Bitcoin was trading 0.6% lower at $42,667, while Ethereum was down 1.6% at $2,513. Altcoins, such as Toncoin and BNB, surged 13.2% and 4.5%, respectively. The global cryptocurrency market cap fell 0.32% to around $1.68 trillion in the last 24 hours.