Bitcoin falls ahead of ETF decision, ether surges to its highest level since May 2022
Publishing timestamp: 2024-01-10 12:55:12
Summary
The article discusses the dawdling of Bitcoin and other cryptocurrencies as investors await official SEC approval on spot bitcoin exchange-traded funds. The price of Bitcoin fell while ether rose. The SEC's decision on the Ark 21Shares spot bitcoin ETF application is expected to have an impact on the market. Investors are also looking ahead to the approval of ether ETFs and the potential rotation from bitcoin to ether.
Sentiment: MIXED
Tickers: IVZ, BTC.CM=, ETHE, BLK, ETH.CM=,
Keywords: grayscale ethereum trust (eth), cryptocurrency, breaking news: markets, investment strategy, bitcoin/usd coin metrics, ethereum/usd coin metrics, business news, technology, invesco ltd, markets, breaking news: investing, blackrock inc, bitcoin,