Bitcoin Holds Steady to End 2023, Awaits Key Regulatory Decision on ETFs in January
• Bitcoin stuck below $43k on last trading day of 2023 after 160% yearly gain, but still down 14% from end of 2021
• Bitcoin awaits potential approval of spot ETF on January 10, which could bring institutional inflows and price surge
• ETF approval could spark "buy rumor, sell news" price action with gains into early 2024 followed by declines
• Altcoins mixed on Friday with Moonriver, Sei, and Holo gaining over 10% but Dash, Zcash and Skale falling by similar amounts
• Blackrock naming Authorized Participants for its Bitcoin ETF application signals increased likelihood of approval in January