Yesterday, Bitcoin was comfortably hovering around the $7,000.00 region, a region that seems to suggest investors were playing it cool, in anticipation for something big that could have accelerated the markets. A decision regarding the Bitcoin ETF was expected to come this Friday, however yesterday, things took a turn for the worse.
The recent decision by the United States Securities and Exchange Commission (SEC) to extend their deadline for another Bitcoin ETF decision however seems to have stabbed a huge hole in our optimism, and of course the value of the markets.
Source: CryptoDaily.co.uk
Original Post: Another Blow For Bitcoin, As ETF Decision Is Prolonged, BTC Future Still Bright