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
Technical analysis: Bitcoin deepens decline falling to $66.5k 📉
🚨Bitcoin crashes 4% to $69k📉Sell-off on Ethereum and Ripple
Chart of the day: BITCOIN 40% below recent peak 🚨 Eroding fundamentals risk selling spiral 📉
Daily summary: Nasdaq hits nearly two-month low, USD gains momentum, crypto deep in red (04.02.2026)