-
Bitcoin Prices Forecast: BTC Wobbles as ETF Enthusiasm Cools and SEC Cases Mount
On Monday, bitcoin (BTC) fell by 0.95%. Following a 0.29% decline on Sunday, BTC ended the day at $26,247. BTC extended the losing streak to seven sessions. Rising Doubts Over the SEC Approving BTC-Spot ETF Applications Weighed: BTC is on its longest losing streak since six consecutive days in the red in May. Crypto market headwinds are impacting investor sentiment, with the SEC in the eye of the storm. Euphoria over the BTC-Spot ETF applications has waned since the SEC opened the Ark Invest application to the public for comment. The SEC document highlighted concerns that will likely remain stumbling blocks until a ... (full story)