Bitcoin crashes 7% in 24 hours - Here's why and what to expect next

BTC was down by more than 7% in the last 24 hours.  Sell sentiment was dominant in the market, and indicators looked bearish.  After the recent Bitcoin [BTC] ETF approvals, excitement grabThe post Bitcoin crashes 7% in 24 hours - Here's why and what to expect next appeared first on AMBCrypto.

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XRP Price Struggles to Break Out Due to Mixed Signals as Ripple vs SEC Case Drags On

XRP is trading around $0. 6 at press time, with a 2% decrease over the last 24 hours. While the broader crypto market has rallied over the past month thanks to positive Bitcoin ETF approvals and altcoin surges, XRP has barely budged, dropping 4% in the last 30 days.

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$SHIB and $BONK Investors Moving To This Hot New Meme Coin – Here’s Why

Both the popular meme coins SHIB and BONK saw nice gains yesterday, rallying 14% and 6% respectively on the heels of Bitcoin ETF approvals. However, with BONK now sporting over a $1 billion market cap, the days of explosive 100x returns are likely in the rearview mirror.

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Fresh Whales Are Accumulating $ETH, $SHIB and This Meme Coin

The crypto markets are seeing a surge of whale activity today (due to Bitcoin ETF approvals), especially in top coins Ethereum (ETH) and Shiba Inu (SHIB). Data shows that large investors are accumulating massive amounts of these tokens in anticipation of future price rises.

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Ethereum and Its Ecosystem Surge Following Bitcoin ETF Approvals, ARB and Select Tokens See Double-Digit Gains

The recent approvals of Bitcoin exchange-traded funds (ETFs) have sparked a pivot toward Ethereum and its broader ecosystem. Ethereum (ETH) has climbed 8. 71% as investors redirect capital into the thriving landscape of Ethereum-based tokens and applications.

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These Altcoins Will Benefit From Bitcoin ETF Approvals!

According to crypto analytics firm altFINS, the potential approval of Bitcoin and Ethereum spot ETFs by the SEC could bring billions of dollars of new capital into the cryptocurrency sector. This influx of funds would likely boost the prices of top altcoins that relate to Bitcoin and Ethereum.

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Spot Bitcoin ETFs Clear for Takeoff as BTC Reclaims $47K. BTCMTX Presale Smashes Records

Bitcoin has just hit $47,000 yesterday for the first time since December 2021, before consolidating around the $46,500 to $46,900 range today. Euphoria seems bigger than ever around potential Bitcoin ETF approvals, with the market widely expecting the SEC to approve all outstanding applications on Wednesday, January 10th.

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Legendary Trader John Bollinger Gives Epic Bitcoin (BTC) Price Prediction

Bollinger Bands founder John Bollinger sees bullish upside for Bitcoin ahead of potential ETF approvals

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Bitcoin ETF may get rejected and trigger 20% price drop, Matrixport predicts

Matrixport latest report suggests a rocky road ahead for Bitcoin ETF approvals by the SEC, delving into the implications for Bitcoin's value.

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Bitcoin ETF issuers Fidelity and Galaxy race to offer lowered fees ahead of SEC approvals

Fidelity and Galaxy Digital are positioning themselves to gain early traction by naming Wall Street partners while setting competitive expense ratios of 0.39% and 0.59%, respectively.

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Bitcoin (BTC) Price Set to Hit $50,000, Matrixport Points to ETF Approvals and Institutional Interest

With Bitcoin already at 21-month high, Matrixport's forecast creates intrigue

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Race for Bitcoin ETFs heats up as SEC issues deadline

ARK and 21 Shares' ETF application will be decided by the 10th of January. Firms missing this cut-off date won't be considered for the first wave of approvals in January 2024. The crypto marThe post Race for Bitcoin ETFs heats up as SEC issues deadline appeared first on AMBCrypto.

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Gold vs Bitcoin: Recession Concerns Spark Renewed Investment Debate

Gold is likely to be a safe-haven asset if macro conditions deteriorate, while ETF approvals could make Bitcoin safe amid a recession. Read more here. The post Gold vs Bitcoin: Recession Concerns Spark Renewed Investment Debate appeared first on BeInCrypto.

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Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals?

Recession forecasters predict the Fed has much work to do to bring inflation to 2%, a problem that Bitcoin could exploit. The post Will Bitcoin Price Surge if Fed Cuts Rates Amid ETF Approvals? appeared first on BeInCrypto.

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Why Galaxy Fox Might Be The 100x Star in Play-to-Earn Crypto Presales

A clear runway for Bitcoin ($BTC) Spot ETF approvals in January. Record-breaking inflows into crypto funds. Massive adoption of tokenized securities from institutions. Investors must act on these overwhelming signals that the bull run has commenced and begin allocating.

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Silencing Binance Was the Last Piece for Spot Bitcoin ETF Approval As SEC Strategically Converges Deadlines to This Date

Recent Securities and Exchange Commission (SEC) actions signal a growing chance of Bitcoin ETF approvals in January 2024, crypto analyst Dr. Martin Hiesboeck (@MHiesboeck) noted. However, he cautioned that outcomes rarely match expectations with the SEC.

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Bitcoin to hit $50,000 in December: analyst

This analyst believes Bitcoin could double to $50,000 in 2023 due to expected ETF approvals, the upcoming halving, and the end of rate hikes fueling a rally.

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SEC extends comment window for Franklin Templeton and Hashdex Bitcoin ETFs

Experts said the SEC could be laying blocks ahead of spot Bitcoin ETF approvals in early January 2024 following early delayed decisions on bids from two potential issuers.

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SEC Lining Up Bitcoin ETF ‘Wave of Approvals’ in January: Bloomberg Analyst

SEC delays ruling on Franklin, Hashdex Bitcoin ETFs, potentially lining up a wave of crypto fund approvals after extended review.

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SEC Delays Franklin Templeton & Hashdex Bitcoin ETFs, Lining Up Wave of Approvals

SEC delays ruling on Franklin, Hashdex Bitcoin ETFs, potentially lining up a wave of crypto fund approvals after extended review.

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Bitcoin metric that ‘looks into future’ eyes $48K BTC price around ETF

Bitcoin ETF approvals may have key timing as the Ichimoku Cloud demands the BTC price keep climbing into 2024.

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Bitcoin Spot ETF: Grayscale Meets With SEC Division Responsible For Approvals

In a recent development, the asset manager Grayscale recently met with the Securities and Exchange Commission (SEC) in a move that could suggest that the approval of a Spot Bitcoin ETF is on the horizon.

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Bitcoin Price Soars To $38,000: 5 Major Reasons

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the possibility of the US Securities and Exchange Commission (SEC) approving several spot Bitcoin ETFs.

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Do These Rare Indicators Point to Biggest Bull Run in Bitcoin History?

Crypto analyst el_crypto_prof suggests Bitcoin ETF approvals could send it on the biggest bull run in history. The post Do These Rare Indicators Point to Biggest Bull Run in Bitcoin History? appeared first on BeInCrypto.

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Bitcoin briefly tops $37K amid market optimism for pending spot ETF approvals

The price of Bitcoin has surpassed $37,000 for the first time since May 2022.

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SEC’s window for Bitcoin ETF approvals to open today

Bitcoin reached the $36,780 mark as analysts say the SEC has entered a window to approve all the current applications for spot Bitcoin ETFs. Although the crypto market expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot…

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Spot Bitcoin ETFs: Short Window To Greenlight All 12 Starts Today

The market is abuzz with anticipation as a key window for the approval of all 12 spot Bitcoin Exchange-Traded Funds (ETFs) opens today. James Seyffart, an ETF analyst at Bloomberg Intelligence, shared his insights, noting, “We still believe 90% chance by Jan 10 for spot Bitcoin ETF approvals. But if it comes earlier we are […]

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Bitcoin Could See ETF Approval Tsunami: Analyst

Analyst predicts a tsunami of spot Bitcoin ETF approvals in the U.S. by January 2024

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Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

Bloomberg ETF analysts James Seyffart and Eric Balchunas posted a research note on Nov. 8 suggesting that an upcoming 8-day window opening on Nov. 9 may see approvals from the SEC for several proposed spot Bitcoin ETFs.

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This Is the One and Only Thing that Could Kill Bitcoin

Former BitMEX CEO Arthur Hayes voices a concern that institutional custody, spurred by potential Bitcoin ETF approvals, could derail Bitcoin's original promise of financial freedom and decentralization, turning it into just another institutionalized asset.

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Valkyrie Exec Expects U.S. Spot Bitcoin ETF Approvals To Come As Soon As This Month

Valkyrie Investments’ chief investment officer (CIO) Steven McClurg believes the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this month.

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Bitcoin Spot ETF: Experts Debate Chances Of SEC ‘Rugpull’

A group of experts have come together to discuss their thoughts on the US SEC Chairman’s next move on spot Bitcoin ETF approvals, debating whether Gensler may be waiting until the last moment before pulling an “epic” rug pull.

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Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler

During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals.

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Why 64% of Crypto Traders Prefer to Hold Ahead of Bitcoin ETF Approval

The survey unveils a notable inclination towards long-term holding among crypto traders, with 64% adopting this strategy, resonating with the growing anticipation of Bitcoin ETF approvals, marking a cautious yet optimistic stance in the evolving crypto market landscape.

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Bitcoin Could See $14,400,000,000 Inflow From ETF Approvals, Report Highlights How High BTC Could Go

In a recent tweet, financial analyst Alex Thorn set the crypto community abuzz with his predictions about the potential impact of Bitcoin exchange-traded funds (ETFs) in the United States. Thorn’s insights, though not definitive, offer a thought-provoking perspective on the ripple effect that these investment vehicles could have on the world’s leading cryptocurrency.

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Spot Bitcoin ETF Approvals to Push BTC Up To $73,000, Likely Adding $1 Trillion To Crypto’s Market Cap

A recent study conducted by CryptoQuant, an on-chain analytics firm, has suggested that introducing spot Exchange Traded Funds (ETFs) for Bitcoin may significantly bolster the cryptocurrency's market capitalization by approximately $1 trillion.

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Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved. The report also forecasts that $1 trillion could be added to the entire crypto market. The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption.

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Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says

Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.

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BlackRock CEO Larry Fink Seeing Client Demand for Crypto 'Around The World'

Rumors about spot bitcoin ETF approvals aside, Fink called the recent rally a “flight to quality.”.

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Unprecedented SEC Action Signals Possible Bitcoin Spot ETF Approvals

In a significant development, the US Securities and Exchange Commission (SEC) has taken an unprecedented step that has raised hopes for approving Bitcoin spot exchange-traded funds (ETFs). This move comes after the SEC recently delayed applications for Bitcoin spot ETFs from major financial players like BlackRock, Fidelity, and VanEck due to last week’s looming US […]

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Weekend Wrap: Vitalik offloads MakerDAO tokens, confidence for Bitcoin ETFs and more

Ethereum co-founder Vitalik Buterin has sold his remaining MakerDAO, while confidence has remained high for upcoming spot Bitcoin ETF approvals.

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Bitcoin: All factors leading up to the worst decline of 2023

The crash was a reflection of the market's insecurity that spot Bitcoin ETF approvals in the United States might not be immediate. The historical drop in BTC's volatility has preceded violent mThe post Bitcoin: All factors leading up to the worst decline of 2023 appeared first on AMBCrypto.

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Tom Lee expects Bitcoin at $150k with spot ETF approvals

Tom Lee of Fundstrat foresees a potential surge in Bitcoin’s value, particularly if the US approves spot Bitcoin ETFs, hinting at prices exceeding $150,000. In a recent CNBC interview, Tom Lee, co-founder of Fundstrat Global Advisors, predicted a potential surge…

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Multiple Spot Bitcoin ETF Approvals On The Way? Cathie Wood Predicts

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Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals

Ark Invest CEO Cathie Wood and Galaxy Digital CEO Mike Novogratz are both optimistic about the imminent approval of a spot bitcoin ETF.

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ARK Invest’s Cathie Wood expects delayed Bitcoin ETF decision, but predicts multiple approvals afterwards

ARK Invest CEO and CIO Cathie Wood said on Aug. 7 that the SEC could approve multiple Bitcoin spot ETFs at once but will likely not do so by an upcoming deadline. Wood stated during an interview with Bloomberg: “I think the [U.

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Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight

The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.

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Celsius Sells Altcoins Worth Over $24 Million After Court Approval

Crypto lender Celsius is selling over $24 million of altcoins following court approvals amid ongoing lawsuits and bankruptcy proceedings. The company is converting altcoins into Bitcoin and Ethereum to pay creditors.

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Circle CEO Jeremy Allaire optimistic about bitcoin ETF approvals

Jeremy Allaire, the co-founder and CEO of Circle, expressed optimism about the potential approval of bitcoin exchange-traded funds (ETFs) during an interview at the World Economic Forum in Tianjin, China.

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