Bitcoin Volatility Continues as SEC Returns ETF Applications, Short-Term Holders Send Coins to Exchanges

07/02 00:05

July 1 (Huobi) - Bitcoin had a volatile trading session on the last day of the quarter, with short-term holders sending over 35,000 coins to exchanges, indicating nervousness among speculators. The SEC returned applications for a Bitcoin spot-price ETF due to a technical issue, causing a knee-jerk reaction, but the downside was limited as asset managers can refile after providing necessary clarifications. Meanwhile, XRP/USDT may drop to $0.41, but this level could attract strong buying from the bulls, and Polkadot's price is being supported by bullish investors attempting to break the overhead hurdle at $5.15. It is important to note that this article is for informational purposes only and does not provide investment advice.
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