Source: TheMerkle.com
Trader optimism soared following the approval of spot Bitcoin and Ethereum ETFs in Hong Kong. However, the initial reaction was less than stellar, with Bitcoin experiencing a -6% drop in value.
🇭🇰 Trader optimism is high after #HongKong approved spot #Bitcoin & #Ethereum #ETF's today. Unsurprisingly, though, the initial market impact has been negative, with $BTC dropping -4.5% since the news hit the public. When #FOMO dies down, expect a
Read More https://themerkle.com/market-sentiment-sours-despite-etf-approval-bitcoin-holders-stand-firm/
The post "Market Sentiment Sours Despite ETF Approval: Bitcoin Holders Stand Firm" appeared first here TheMerkle.com.
Source: TheMerkle.com
