Altcoins are an option for investors who feel uncertain about the future of Bitcoin.
Bitcoin Minetrix adopts a tokenized cloud mining model, allowing users to participate in Bitcoin mining in a decentralized manner. Although Bitcoin has been an investment option for those who understand the risks of digital assets since its launch in 2009, its fluctuations in value have consistently been the subject of debate regarding the direction of development of the crypto market as a whole.
In recent days, Bitcoin has started to recover and is trading in a price range between $28,200 to $28,600 with limited value movement. Bitcoin price changes were primarily influenced by the decision of the US Securities and Exchange Commission (SEC) which chose not to appeal the change of the Grayscale Bitcoin Trust to a Spot ETF.
Currently, the crypto asset market is anxiously awaiting the SEC's decision on the approval of the first spot BTC ETF in the US. This decision is believed to have a significant impact on Bitcoin's future price movements.
