BlackRock Bitcoin Tango – $41K Plunge Sparks ‘Sell-the-News’ Buzz
The crypto community has been collectively building up its expectations from the oh-so-desirable Bitcoin spot ETF approval. Voila! The spot ETFs are here! What did Bitcoin do? It didn't instantly rocket to $100,000, as the naive could hope. The BTCUSD exchange rate plummeted 16% to $41,000 instead, after a volatile week following the ETF approval on Jan 11.
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