Wild Price Swings in Bitcoin and Ether Following Approval of Spot ETH ETF
Thursday, 23 May 2024, 22:29
Bitcoin and Ether Price Swings
Wild price swings have been observed in Bitcoin and Ether following the approval of spot ETH ETFs by U.S. regulators.
Spot ETH ETF Approval
U.S. regulators have approved the listing of spot ETH ETFs, but trading is yet to be cleared.
- Significant volatility in both Bitcoin and Ether prices
- $350 million in liquidations triggered
Traders and investors are closely monitoring the market's reaction to this development.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.