"Speculation around an impending approval of Bitcoin spot ETF has fueled the asset into a 19-month high near $42,000. While BTC encounters strong resistance at this level, once breached, there is a clear path to $48,000 in the upcoming weeks," said Vikram Subburaj, CEO of Giottus Crypto Platform.
Polar Capital Holdings Plc trimmed its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 41.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 415,009 shares of the company’s stock after selling 296,546 shares during the quarter. Polar Capital Holdings […]
At 11.59 a.m., BTC was trading 0.5% higher at $38,112, while the second most popular token, Ethereum, was up 2.6% at $2,091. Dogecoin also surged over 3.5% to $0.08.
"Price movements across the crypto market remain predominantly bearish as investors and money managers grapple with the potential repercussions of intensified regulatory measures targeting the industry," said ZebPay Trade desk.