Crypto Market Revives as Major Asset Managers Apply for Spot Bitcoin ETFs

The cryptocurrency market is again on an upward trend, fueled by the impact of successive Spot Bitcoin ETF applications from giant asset management firms, notably BlackRock. The leading cryptocurrency, Bitcoin (BTC), has been accelerating its value increases since mid-June, reaching price levels up to $31,300. What’s the Latest in the Bitcoin and Crypto Market? Applications for Spot Bitcoin ETFs made back-to-back by giant asset management companies such as BlackRock and WisdomTree have created a significant impact on the markets. The cryptocurrency market has gained upward momentum since mid-June, with the effect of the Spot Bitcoin ETF wind. Although Bitcoin (BTC), the leading cryptocurrency, regressed to $30,800 price levels with its value losses during the day, it has caught a positive trend in recent weeks. Ethereum (ETH), after its value increases in this process, has once again exceeded the $1,900 price level and has approached the $2,000 price level significantly. Crypto […] The post Crypto Market Revives as Major Asset Managers Apply for Spot Bitcoin ETFs appeared first on COINTURK NEWS.