After Bitcoin-ETF Approval, Speculators Switch to Ethereum

<p><img width="612" height="405" src="https://www.actionforex.com/wp-content/uploads/2023/04/f-eth10.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/04/f-eth10.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/04/f-eth10-600×397.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/04/f-eth10-150×99.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/04/f-eth10-300×199.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Market picture The US Securities Commission (SEC) has announced the approval of the Bitcoin-ETP. The initial fake announcement of this created a spike in volatility. This is a stark reminder of how short-term traders are vulnerable to volatility from the news. Bitcoin soared to $48K before returning below $45K. Technically, these moves fit into a […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/534879-after-bitcoin-etf-approval-speculators-switch-to-ethereum/">After Bitcoin-ETF Approval, Speculators Switch to Ethereum</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>