In recent days, "crypto winter" has progressed in the "ice age". For example, the price of Bitcoin fell from an intraday high of $ 3,433 and reached a minimum of $ 3,299. The first cryptocurrency continues to trade in red with a decline of 11.29% over 24 hours.
The situation is similar for other top digital assets, the values of Ripple (XRP) and Ethereum (ETH) are also actively decreasing. XRP is trading at $ 0.29. On the other hand, ETH is trading at $ 85, after recovering from a minimum of $ 82.15.
Almost the entire cryptocurrency market is colored red, and digital assets set new monthly minimums. This situation is likely to ignite and is fueled by news that the US Securities and Exchange Commission (SEC) has postponed its decision on Bitcoin-ETF until February 27, 2019. Representatives of the SEC believe that it is wiser not to rush to make a decision and study the matter in detail from different points of view.
The offer, which is being postponed for the second time this year, was sent by the VanEck fund manager in collaboration with SolidX. It is worth noting that the offer of VanEck differs from others in that it relies on the value of BTC directly, unlike Bitcoin futures.
The legislation stipulates that the regulator will not have a mandate to delay the ETF again, therefore, before the date, the SEC will either have to approve or reject the proposal.
And what do you think about this? Commission approves Bitcoin-ETF?
