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Mastering Crypto

2023/10/14 15:13

Bitcoin Wipes Out Uptober Gains

BTC/USD: Bitcoin Wipes Out Uptober Gains, All Eyes on SEC’s ETF Appeal Deadline Today The financial watchdog has until midnight to decide whether it will challenge its bitter court loss to Grayscale over a spot Bitcoin ETF.
Bitcoin BTCUSD erased its modest 2% advance for October after its fifth straight losing session pressured the price to $26,500 a pop. Dubbed “Uptober,” this month is traditionally seen as a positive run for Bitcoin as the token has logged gains for the previous four years during that time stretch.
The top US regulator is tight-lipped on its move. For years, however, it has denied every such BTC ETF application, saying that spot Bitcoin trading holds excessive financial risks for institutional investors. But they don’t mind – BlackRock, the world’s biggest asset manager, has applied to launch a spot BTC ETF. So have rival funds Invesco and WisdomTree.1697296402964.png

#Which Cryptocurrency Best Represents You#How much impact will CEO’s arrest have on TON?#BTC преодолел отметку в $120 000!
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