Bitcoin is already gaining nearly 4.3% in value today, negating much of the declines recorded yesterday. In the market just after the end of the session on Wall Street, there were reports on social media and news outlets suggesting that the US Securities and Exchange Commission (SEC) will approve applications for bitcoin spot ETFs for a number of applicant companies. The decision itself is expected to come tomorrow, senior cryptocurrency market analysts TechCrunch reported.
BTC has recovered most of its losses from yesterday's session. H4 interval. Source: xStation
Bitcoin returned above the resistance zone set by the 2023 peaks. W1 interval.
Source: xStation
SEC eases regulations: Does Bitcoin and Strategy benefit the most?
Are Bitcoin ETFs selling again? Cryptocurrencies brace for the Fed
Technical analysis: Bitcoin falls below $77K. What's next?
Bitcoin fights to reclaim $80,000 - this data could shape the trend 📈 What’s next for crypto?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.