The latest decoupling from the two can be explained by the fact that the crypto market, since October, has been squarely focused on expectations for a spot BTC ETF launch in the U.S. The Securities and Exchange Commission is likely to decide on nearly a dozen spot ETF applications by Jan. 10, potentially opening doors for widespread adoption of the asset class.
Related posts
-
Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now
Jon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several... -
$6b in Bitcoin left exchanges amid declining whale activity
Bitcoin’s rally above the $95,000 mark triggered a strong phase of accumulation among retail investors. Bitcoin... -
South Korean FSC dismiss plans to build Bitcoin reserve ‘for the time being’
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for...