Bitcoin continues to get rejected from $65K resistance as SEC delays decision on spot BTC ETF options

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Bitcoin (BTC) price has markets in disarray, provoking a broader market crash as it slumped to the $62,000 range on Thursday.

Bitcoin price rejection from $65,000 resistance continues after failure to reclaim it as support. Liquidity pool below $60,000 continues to act as magnet for BTC toward proper market balance. US SEC has delayed decision and opened comment period on whether or not to allow options trading on spot BTC ETFs. Bitcoin price has markets in disarray, provoking a broader market crash as it slumped to the $62,000 range on Thursday.

delays decision and opens comment period on whether or not to allow options trading on spot #Bitcoin ETFs. pic.twitter.com/W7Kv3uAzaY — Bitcoin Magazine April 25, 2024 Delays in such decisions are common as the financial regulator works to ensure investor protection and market integrity.

 

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Source: Cointelegraph - 🏆 562. / 51 Read more »