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Golden Finance reports that Bitcoin is experiencing a pullback, and traders are assessing how the cryptocurrency market might react if regulatory authorities approve the first Bitcoin spot ETF. Bitcoin has risen by 156% this year, with investors speculating that ETF approval could drive new demand for Bitcoin. A key question is whether the actual approval of these products will stimulate profit-taking. In other words, there is still uncertainty about the potential market interest in spot Bitcoin ETFs planned by companies like BlackRock and Fidelity. |
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Post time 5-1-2024 19:29:31