Bitcoin Crashes To $41,500 As ETF Approval Hangs In Balance: Experts
Summary
- SEC deadline for spot Bitcoin ETFs is Jan 10, with speculation on approval. - Bloomberg's expert sees 10% chance of non-approval, suggesting SEC may need more time. - Matrixport predicts ETF approval delay to Q2 2024 due to regulatory challenges and political climate. - Greeks Live notes decreased market confidence in ETF approval, with implications for Bitcoin prices. - BTC price dropped to $41,500 but has since recovered to $42,450.
