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Bitcoin (BTC) Price Plunges Below $41K as Bitcoin ETF Fever Breaks

Bitcoin (BTC) Price Plunges Below $41K as Bitcoin ETF Fever Breaks
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Bitcoin Price Drops Below $41K, Its Lowest Level since ETF Approval

Bitcoin Price Drops Below $41K, Its Lowest Level since ETF Approval
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Bitcoin Slumps With All-Time-Low Since BTC SEC Approval

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K33 Research: Bitcoin Spot ETF Approval Less Likely to be Sell the News Event

The U.S. Securities and Exchange Commission's (SEC) anticipated verdicts on Bitcoin spot exchange-traded fund (ETF) applications are now less likely to trigger a sell-the-news event.

Bitcoin spot ETF approvals most likely a sell-the-news event: K33

Analyst Vetle Lunde suggests a 75% likelihood of this outcome versus 20% for approval inflows propelling prices higher and 5% for denial.

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