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"Crypto Market Overreacted": Expert On US SEC Bitcoin ETF News

source-logo  coingape.com 30 June 2023 15:47, UTC

Crypto Market News: Following the recent upsurge in Bitcoin price over the recent wave of spot Bitcoin ETF applications from financial bigwigs, the U.S. Securities and Exchange Commission (SEC) cited technical discrepancies in the filings. This led to a reversal in trader sentiment as Bitcoin price briefly plunged before recovering on Friday. The recent spree of spot Bitcoin exchange traded funds (ETFs) filings from Blackrock, Valkyrie, Bitwise, Invesco, Fidelity and WisdomTree catapulted the crypto market prices in the last two weeks.

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