• Sat. Nov 2nd, 2024

Crypto Rally Fizzles As ETF Euphoria Fades

Nov 3, 2023

[TheDefiant]

Crypto markets have given up some ground after rallying sharply to start the week on optimism that a spot Bitcoin ETF could be approved sooner rather than later.

Bitcoin is down 3% in the past 24 hours, while ETH trades 3.5% lower at $1,800. The consolidation comes after Bitcoin hit a 17-month high of $35,900 on Nov. 1, just a day after the world’s most valuable cryptocurrency turned 15.

BTC Price Action

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