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Bitcoin down 20% from post-ETF highs

Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved its first spot bitcoin exchange traded fund (ETF), as investors who had bought in expectation of the approval sold after the confirmation. The world's largest crypto currency was last at $38,900, down 20.6% from around $49,000 - the three-year high it hit on Jan. 11 in the wake of the decision by the U.S. Securities and Exchange Commission to approve spot bitcoin ETFs. Nearly $4 billi...
United States United Kingdom General United Kingdom City Of Alun John Mark Potter
Source: yahoo.com

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Bitcoin Mining Profitability Poised For Surge As Spot ETFs Gain Approval

The approval of Bitcoin Spot ETFs is seen as a pivotal development that opens the door for many new institutional investors, offering them familiar and well-established investment instruments, , bitcoin, Crypto Currency, Bitcoin Mining, exchange traded funds, retail investors
Kjetil Pettersen Bitcoin Etfs Bitcoin Energy Consumption Index Exchange Commission Bitcoin Spot Bitcoin Renewable Quarq Spreads Index

Beyond the Bitcoin bubble: ETFs spark crypto evolution, but what lies beyond the hype?

Although the regulatory framework for crypto currency is still evolving, the US SECs approval for Bitcoin ETFs will open the gates for an asset that has been waiting in the wings for legitimacy. This means institutional capital, price stability and faster adoption.
District Of Columbia United States Sumit Gupta Gary Gensler Bitcoin Etfs Exchange Commission

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Read Crypto Market Today news, Crypto coins price chart. Get Crypto coins: bitcoin, Ethereum, Solana, Dogecoin; Tether latest price trends, Crypto price changes updates, Crypto market recent updates, crypto coins announcements, videos, and more
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