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Bitcoin fell by 16% since the SEC's green light for EFTs - Breaking news

2024-01-23T14:27:12.598Z

Highlights: Bitcoin fell by 16% since the SEC's green light for EFTs. Bitcoin is down 3% today alone and has fallen below $39,000 for the first time since December. The decline reflects the profit taking of investors who took advantage of the leap in the digital currency while awaiting theSEC's greenlight for exchange traded funds, and then exited the market. Reproduction reserved © Copyright ANSA 2013. All rights reserved. For confidential support call the Samaritans on 08457 90 90 90, visit a local Samaritans branch or click here for details.


Bitcoin has fallen 16% in the last two weeks since the launch of EFTs in the cryptocurrency. (HANDLE)


Bitcoin has fallen 16% in the last two weeks since the launch of EFTs in the cryptocurrency.

The decline reflects the profit taking of investors who took advantage of the leap in the digital currency while awaiting the SEC's green light for exchange traded funds, and then exited the market.

Bitcoin is down 3% today alone and has fallen below $39,000 for the first time since December.


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Source: ansa

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