Bitcoin (BTC) price struggles between $25,500 to $26,000 range.
Bitcoin declined by 2% in the last 24 hours.
The world’s leading cryptocurrency, Bitcoin (BTC), is navigating turbulent waters as it grapples with a series of setbacks, causing concern among traders and investors alike. Enthusiasm surrounding the swift approval of SEC’s spot Bitcoin ETFs has dwindled, and the Bitcoin value hovers precariously below the $26,000 mark, raising questions about its future trajectory.
Bitcoin’s recent price struggles have seen it slip below the $26,000 threshold, erasing gains made when it briefly surged past $28,000 following Grayscale’s legal victory against the SEC. The situation took a further dip over the weekend, with prices sinking below $25,500. This downturn coincided with the SEC’s decision to postpone its ruling on several Spot Bitcoin ETF applications. While optimists anticipate approvals by year-end, buoyed by Grayscale’s success, skeptics warn of potential new reasons f
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