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BREAKING: Cryptocurrencies jump on Bitcoin ETF news

3:29 PM 29 August 2023

Bitcoin as well as other cryptocurrencies jumped on news that US Federal Appeals Court ruled that US Securities and Exchanges Commission (SEC) was wrong in rejection Grayscale application for a spot Bitcoin ETF. SEC order was vacated and Grayscale was granted a review of the decision.

Bitcoin jumped around 4% on the news while Ethereum and Ripple moved around 3% higher.

Source: xStation5

 

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