Bitcoin falls 4% as SEC delays decisions on spot ETFs

<p>Bitcoin was already down about 4% before the latest news hit on the SEC delaying decisions on bitcoin spot ETFs from WisdomTree, Invesco and Valkyrie.</p><p>The delay was largely expected so there might be a 'sell the rumour, buy the fact' trade in the works here. </p><p>But it's troubling that bitcoin couldn't even sustain the ETF decision enthusiasm for more than 48 hours.</p>

This article was written by Adam Button at www.forexlive.com.