Bitcoin rises as its volatile year continues ahead of an expected ETF approval soon
Publishing timestamp: 2024-01-04 12:46:31
Summary
Bitcoin recovered some of its losses after a sell-off due to concerns about the potential approval of a bitcoin ETF. The rebound extended to other cryptocurrencies and related stocks. The SEC is expected to make a decision on the bitcoin ETF next week, and investors anticipate it will attract new investors to the crypto market. However, there are concerns about whether the market reaction will meet expectations in the short term.
Sentiment: NEUTRAL
Tickers: MARA, CLSK, BTC.CM=, COIN, MSTR, SOL.CM=, ETH.CM=, IREN, RIOT,
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