{"id":369175,"date":"2019-01-24T22:00:45","date_gmt":"2019-01-24T22:00:45","guid":{"rendered":"https:\/\/wncen.com\/?p=369175"},"modified":"2024-06-11T07:43:39","modified_gmt":"2024-06-11T07:43:39","slug":"btc-stable-around-3600-bitcoin-etf-withdraw-barely-impacts-markets","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/btc-stable-around-3600-bitcoin-etf-withdraw-barely-impacts-markets\/","title":{"rendered":"BTC Stable Around $3,600, Bitcoin ETF Withdraw Barely Impacts Markets"},"content":{"rendered":"
Bitcoin (BTC) has had a relatively volatile week within a tight trading range between approximately $3,500 and $3,650. Yesterday, news broke that Cboe was withdrawing the highly-anticipated VanEck\/SolidX Bitcoin ETF application due to the ongoing US government shutdown, which has barely impacted the markets.<\/p>\n
Bitcoin\u2019s ability to maintain around $3,600 signals that investors were not expecting the application to be approved in late-February, which could be a bullish sign for the current state of the markets.<\/p>\n
Bitcoin Stable Around $3,600, Could $3,500 be a Long-Term Bottom?<\/strong><\/h2>\n