Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise – Market Updates Bitcoin News
October 17, 2023
Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust into an exchange-traded fund (ETF). Ethereum edged closer to $1,600 today.
Bitcoin
Bitcoin (BTC) was on the cusp of breaking into the $28,000 level on…