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coinpedia 2024-01-23 05:17:59

Bitcoin (BTC) Price Drops Nearly 20% Post ETF Launch : Should You Buy The Dip?

The post Bitcoin (BTC) Price Drops Nearly 20% Post ETF Launch : Should You Buy The Dip? appeared first on Coinpedia Fintech News Bitcoin has experienced a recent downturn, shedding nearly 20% of its value since the launch of the first exchange-traded funds (ETFs) directly investing in the cryptocurrency on January 11. The digital asset initially surged to $49,021 on the day the ETFs, including those from BlackRock Inc. and Fidelity Investments, went live. However, it trades at …

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