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coinpedia 2024-01-20 10:41:31

Why is Bitcoin Price Dropping Despite ETF Approval?

The post Why is Bitcoin Price Dropping Despite ETF Approval? appeared first on Coinpedia Fintech News After introducing Bitcoin ETFs, the crypto market fell from $1.82 trillion to $1.66 trillion. Ethereum and other coins rose as Bitcoin’s dominance fell below 50%. Bitcoin hovered around $42,500, with traders eyeing purchases below $40,000. Experts believe the immediate impact of the Bitcoin ETF approval is mostly over, expecting a more stable market. Despite the …

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