HomeMarketsFuturesBitcoin Selloff Could Be Due To SEC ETF Approval Skepticism

Bitcoin Selloff Could Be Due To SEC ETF Approval Skepticism

This morning’s selloff could be linked to some skepticism on the timing of the SEC ETF approval and shows how sensitive the market is, notes Andy Baehr. He and James Koutoulas discuss what’s in store for crypto in 2024 and evaluate Bitcoin’s recent price activity. Baehr mentions how a Spot Bitcoin ETF would provide investors pure exposure with minimal friction. Koutoulas talks about how there was a huge flush out in crypto in 2023, where a lot of frauds and bankruptcies came to light, then came the SEC’s war on the industry. Tune in to find out more about the stock market today.

Trading 360

03 Jan 2024

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