Bitcoin price falls to $66k today; Ether unfazed by spot ETF

TradingKeyJul 23, 2024 12:11 PM

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- Bitcoin and Ether prices dropped amid uncertainty surrounding the U.S. presidential race and anticipation of Donald Trump's upcoming address.

- Bitcoin fell 2.2% to $66,419.2, after reaching $69,000 over the weekend, while Ether declined 2.2% to $3,432.21 following the approval of six spot Ether ETFs by the SEC.

- Trump's pro-crypto stance and upcoming speech at the Bitcoin Conference influenced market sentiment, with Ether facing selling pressure ahead of major ETF launches.

Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

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