BTC Stable Around $3,600, Bitcoin ETF Withdraw Barely Impacts Markets3.8

Bitcoin (BTC) has had a relatively volatile week within a tight trading range between approximately $3,500 and $3,650. Yesterday, news broke that Cboe was withdrawing the highly-anticipated VanEck/SolidX Bitcoin ETF application due to the ongoing US government shutdown, which has barely impacted the markets.

Bitcoin’s ability to maintain around $3,600 signals that investors were not expecting the application to be approved in late-February, which could be a bullish sign for the current state of the markets.

Original source
https://www.newsbtc.com/2019/01/24/btc-stable-around-3600-bitcoin-etf-withdraw-barely-impacts-markets/

Add comment

Please Sign in to be able to leave comments.