$BTC Bitcoin's price is renowned for being highly volatile, and it dropped below $64K today . Here are some reasons that may have contributed to the crash : - *SEC's denial of spot Ether ETFs*: The United States Securities and Exchange Commission (SEC) is likely to deny spot Ether exchange-traded funds (ETFs) in May. - *BlackRock's statement*: BlackRock clarified that it has no commercial relationship with Hedera and did not choose Hedera Hashgraph to tokenize any BlackRock funds. - *Bitcoin mining profits*: Bitcoin miners could be in for a rough couple of months as the market adjusts to the quadrennial halving.#Megadrop #bitcoinhalving #btc #BTC #ETH
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ETFs are consuming large sell pressures and accumulate many $BTC $Bitcoin sice approval. Now it's up to you to sell or HOLD. #DYOR#Write2Earn#TradeNTell#BTC