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What Has Caused the Bitcoin Price to Drop Below $7,000 in the Past 48 Hours?

Over the past 48 hours, the Bitcoin price has dropped by more than eight percent from $7,500 to $6,890, despite having seen some of the most positive developments in the history of the crypto market. Bitcoin 1-day price chart, provided by Cryptowat.ch OTC…
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Winklevoss Bitcoin ETF was Rejected, But VanEck ETF has a Chance to be Approved

Following the US Securities and Exchange Commission’s (SEC) decision to deny the Winklevoss’s Bitcoin ETF application, investors in the cryptocurrency market panicked, taking the bitcoin price below the $8,000 threshold. The decision, which…
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Winklevoss Bitcoin ETF Rejection Recap in Tweets: How The Crypto Market Responded

As covered by NewsBTC just a few hours ago, the SEC has just released a 92-page report highlighting major reasons supporting its rejection of the revised proposal of the Winklevoss Bitcoin ETF. The Community Reacts To The News At first glance,…