Rally

Bitcoin ETF

Coin

<p><br> </p> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/crypto-expert-kaleo-dramatic-process-approaching-for-btc-eth-sol/" data-wpel-link="internal">Crypto</a> investors are divided into different communities, and the XRP Coin community is quite large. Within this crowd, certain individuals stand out. Especially due to ongoing legal cases for nearly three years, lawyers should be given priority. XRP Coin advocate John Deaton is therefore closely followed.</p> 
<h2 style="text-align: justify" id="bitcoin-price-analysis">Bitcoin Price Analysis</h2> 
<p style="text-align: justify">XRP advocate John Deaton evaluated the current situation on <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude">social media</a> as volatility increased. The massive increase in the king cryptocurrency has divided investors into holding or selling. Short-term gains that seem satisfactory can quickly turn into losses. But what if the real rally has begun and rallies will disappoint sellers?</p> 
<p style="text-align: justify">In the 7-day period, BTC price increased by 23%. However, John Deaton expressed his doubts about the continuation of the rally.</p> 
<blockquote> 
 <p style="text-align: justify">“Okay, I have to admit that when everyone says the bull market is back, it leaves me skeptical. Buying is an easy decision. Selling, on the other hand, is a much harder decision. If we are losing, we don’t want to admit that we made a mistake, so we don’t sell.”</p> 
</blockquote> 
<h2 style="text-align: justify" id="will-the-crypto-rally-continue">Will the Crypto Rally Continue?</h2> 
<p style="text-align: justify">Wirex CEO Pavel Matveev reminds us of how critical the current period is. He said that the order for the SEC to re-examine the conversion of GBTC to an ETF creates expectations for approval. Moreover, he emphasized the demand that the ETF would generate for <a href="https://en.coin-turk.com/time-to-hit-the-brakes-on-ethereum-the-altcoin-king/" data-wpel-link="internal">Bitcoin</a> as a product.</p> 
<blockquote> 
 <p style="text-align: justify">“A Bitcoin ETF can make it much easier for daily investors to invest in Bitcoin. They won’t have to worry about buying and storing cryptocurrencies directly. Large institutional investors can see the approval of a Bitcoin ETF as a sign that the crypto market is becoming more legitimate.”</p> 
</blockquote> 
<p style="text-align: justify">Here’s the crucial point: if the ETF is approved, it will be much easier to add a spot Bitcoin ETF to company balance sheets, and more importantly, it will become more legitimate. There are companies worth billions of dollars that can cause massive price fluctuations by buying a BTC ETF with just 0.01% of their balance sheet.</p> 
<blockquote> 
 <p style="text-align: justify">“This decision can affect the price and functioning of the Bitcoin market. It can attract more people to be interested in and join cryptocurrencies.”</p> 
</blockquote> 
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-270502 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/BTC-Guncel-Fiyati-.png" alt="" width="1087" height="542"></p> 
<p style="text-align: justify">Ali Martinez also says that BTC price could further increase as short-term investors have already passed the profit zone.</p> 
<div class="sorumluluk_reddi" style="text-align: justify">
 <strong>Disclaimer:</strong> This article does not contain investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and should conduct their own research for their transactions.
</div>  Continue Reading: <a href="https://en.coin-turk.com/xrp-coin-community-and-the-influence-of-john-deaton/" data-wpel-link="internal">https://en.coin-turk.com/xrp-coin-community-and-the-influence-of-john-deaton/</a>

XRP Coin Community and the Influence of John Deaton

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