Why is Bitcoin Dropping After the Spot ETF Approval? Analyst Questions Whether BTC Is Going to $32,000 | Headlines | News | CoinMarketCap

01/22/2024 14:21
Why is Bitcoin Dropping After the Spot ETF Approval? Analyst Questions Whether BTC Is Going to $32,000 | Headlines | News | CoinMarketCap

The recent approval of a Bitcoin spot ETF by the SEC was initially met with enthusiasm, with Bitcoin rising briefly to over $48,000. However, Bitcoin has since fallen dramatically to under $41,000 at the time of this writing. Cryptocurrency analyst Wise Advice sees several interr...

Why is Bitcoin Dropping After the Spot ETF Approval? Analyst Questions Whether BTC Is Going to $32,000

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