Bitcoin and Crypto Prices Crash Amid Fears of Denied Wall Street ETF
The prices of Bitcoin and various cryptocurrencies, including Ethereum, XRP, and Solana, have experienced a sudden crash in response to mounting fears that the U.S. Securities and Exchange Commission (SEC) may deny the approval of a Bitcoin spot exchange-traded fund (ETF) sought by Wall Street. The Bitcoin price has dropped by approximately 10%, while Ethereum, XRP, and Solana have all seen declines ranging from 8% to 15%. Market sentiment has been heavily influenced by an analyst prediction that the SEC will delay its decision on the Bitcoin ETF until the next quarter.
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