Posted 11/9/2023, 2:17:00 PM
Bitcoin Price Spikes as SEC Explores Bitcoin ETF and Investors Pour into Crypto
- Bitcoin tops $37K after triggering a short squeeze, liquidating nearly $50M in shorts
- SEC reportedly begins talks with Grayscale on spot bitcoin ETF conversion, boosting crypto stocks
- Standard Chartered and SBI Holdings form $100M venture to invest in crypto startups in UAE
- Dollar index rally stalls above 107 in October, pulling back to 105.50 recently
- Robinhood stock drops 14% after reporting declines in revenue and trading activity