Posted 1/20/2024, 11:01:02 AM
Crypto Market Plunges Over 10% Despite Bitcoin ETF Hype; SEC Delays Weigh Down Ethereum
- Bitcoin has plunged over 10% in the past week, now priced at $41,002, despite recent hype around new Bitcoin ETFs
- Ethereum has also dropped 8% over the past week, now priced at $2,466
- Solana and Avalanche have faced even steeper declines, shedding 7% and 14% respectively
- The crypto market overall has fallen nearly 3% in the last 24 hours, now standing at $1.7 trillion
- The SEC has pushed back its deadline on a spot Ethereum ETF decision, leading to an Ethereum price dip