Cryptos struggle as relentless Treasury selloff continues; 10-year yield rises 5.2bps to 4.731% Proshares Ethereum ETF (EETH) traded only 21,000 shares VanEck’s Ethereum Strategy ETF (EFUT) traded only 29,000 shares Over the past several months the focus in the cryptoverse has been on whether the SEC will approve a spot Bitcoin ETF. Hampered by SEC […]
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Bitcoin – Extends losses to more than 20% after spot ETF approvals
Bitcoin falls below $40,000 Is the bitcoin halving priced in? 50 Fib the next test Bitcoin is trading around 2% lower on Tuesday, adding to losses at the start of the week and taking the price below $40,000. The move takes the decline since peaking shortly after the SEC approved spot bitcoin ETFs to more […]