Why CBOE’s Withdrawal of the Bitcoin (BTC) ETF Did Not Shock the Crypto Markets as Expected

When news hit the crypto-verse that the CBOE exchange had withdrawn its application for a rule change at the SEC to consider a Bitcoin ETF, many traders had held their breath expecting the value of BTC to fall a few hundred points and even possibly retest $3,200. The news only resulted in BTC dropping from $3,600 to around $3,567: a decline of 0.91%. The King of Crypto is currently trading at $3,600 indicating that the news had little effect on BTC.

Looking at the total market...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

CBOE [+]    SEC [+]    Bitcoin ETF [+]    BTC [+]    King of Crypto [+]    Looking [+]   

More #news: