Bitcoin

Momentum

Spot

Coin

<ul class="news-points">
 <li><strong>The price of BTC started cooling down after it only managed to climb 0.46% in the past 24 hours.</strong></li>
 <li><strong>Traders most likely took note of the fact that the iShares Spot Bitcoin Trust has been removed from the DTCC’s list.</strong></li>
 <li><strong>At press time, BTC was trading at $34,181.24 after it was able to set a 24 hour high price of $34,867.10.</strong></li>
</ul>
<p>Most cryptocurrencies have started cooling down after a hot few days in the market. <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> is no exception, as its price only managed a slight 0.46% climb in its price over the past 24 hours of trading.</p>
<p>BTC’s price pumped yesterday after the on-chain analytics platform, Lookonchain, revealed on X that the iShares spot Bitcoin trust was listed by The Depository Trust &amp; Clearing Corporation (DTCC). However, just a few hours later, Lookonchain announced that the iShares spot Bitcoin trust has been removed from the DTCC’s list.</p>
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/iShares?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#iShares</a> Spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> Trust is not on the Depository Trust &amp; Clearing Corporation (DTCC) list currently. <a href="https://twitter.com/search?q=%24IBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IBTC</a><a href="https://t.co/jtfoEzwzP0" target="_blank" rel="noopener noreferrer nofollow">https://t.co/jtfoEzwzP0</a> <a href="https://t.co/uOX3AUFG54" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/uOX3AUFG54</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1716843388857938349?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 24, 2023</a>
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<p>Traders likely took note of this development, which could explain why momentum has died down a …</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btcs-momentum-slows-following-dtcc-delisting-announcement/">BTC’s Momentum Slows Following DTCC Delisting Announcement</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC’s Momentum Slows Following DTCC Delisting Announcement

Coin Edition

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