Why is #bitcoin☀️ dropping now? Bitcoin and Ether each expe | Ham_mad008 on Binance Square

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Why is #bitcoin☀️ dropping now?
Bitcoin and Ether each experienced dramatic declines as investors sold off risky assets, with the Nasdaq falling after enduring its worst three weeks in two years.
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#ETH_ETFs_Approval_Predictions An important milestone for the cryptocurrency market has been reached when the SEC approved spot Ethereum ETFs for major U.S. exchanges. These ETFs, which will trade on exchanges like Nasdaq and the NYSE starting July 23, 2024, will make Ethereum more accessible to mainstream investors. Among the approved ETFs are 21Shares Core Ethereum ETF, Bitwise Ethereum ETF, and Fidelity Ethereum Fund; the base fees range from 0.15% to 0.25%, with some issuers waiving fees initially. Analysts believe these ETFs will push Ethereum prices higher and draw up to $15 billion in new assets. Despite regulatory complexities, this approval is anticipated to increase institutional and retail participation in Ethereum and possibly pave the way for other cryptocurrency-based ETFs. #ETHETFsApproved #Write2Earn! #BinanceSquareFamily #bitcoin☀️

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Ethereum prices Check out today's most recent news on Ethereum prices! Ethereum is a trailblazing blockchain platform that keeps changing the digital world with its decentralised apps (DApps) and smart contract features. Ether (ETH), Ethereum's native cryptocurrency, drives transactions and stimulates innovation in a number of crypto industries. Similar to other cryptocurrencies, ETH is characterised by numerous all-time highs and sporadic lows, which highlight its volatile nature. Follow the most recent reporting on Ethereum's price changes, market trends, and analysis. #ETH_ETFs_Trading_Today #ETHETFsApproved #bitcoin☀️ #BinanceSquareFamily #Write&Earn

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