Bitcoin Matrixport analysts, who changed their minds about the price and the SEC’s approval for spot Bitcoin ETFs, claimed in their latest report that the SEC may reject all ETF applications in January, and possible approvals may be delayed until the second quarter of 2024.
Rumors of non-approval of the spot Bitcoin ETF these days led to a sharp decline in the price.
After this news, BTC, which was at $ 45,000, fell below $ 41,000. With this decrease, a long position of $ 500 million was liquidated in the last hour.
The decline in Bitcoin was also accompanied by altcoins.
BTC At the time of writing, it is trading at $41,395.
*This is not investment advice.
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