- If Bitcoin drops below $57,000, three possible outcomes could occur:👇🔴

- The 200 EMA support level could be lost, leading to a bearish trend.

- Buyers may rush to purchase BTC at what they believe to be a low price, but if it doesn't hold, there may be more liquidations.

- Institutional selling operations may cease due to insufficient liquidity, leading to a sideways market.

- VanEck has filed a Form 8-A for its spot Ethereum ETF with the SEC, which could indicate imminent approval.

- Ripple VP Emi Yoshikawa has expressed excitement about the growing momentum of XRP Ledger in South Korea, with more businesses getting involved in digital assets and looking for reliable platforms.