Rally

Bitcoin ETF

Coin

<p><br> </p> 
<p style="text-align: justify"><a href="https://en.coin-turk.com/important-developments-in-the-crypto-industry-this-week/" data-wpel-link="internal">Crypto</a> investors are divided into different communities, and the XRP Coin community is quite large. Among this crowd, certain individuals stand out. Especially due to the ongoing lawsuits for nearly three years, we must prioritize their lawyers. Attorney John Deaton, who is in favor of XRP Coin, is therefore closely followed.</p> 
<h2 style="text-align: justify" id="bitcoin-price-analysis">Bitcoin Price Analysis</h2> 
<p style="text-align: justify">XRP-supporting Attorney John Deaton evaluated the current situation on his <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude">social media</a> account as volatility increased. The massive increase in the king cryptocurrency has divided investors between holding or selling. Short-term profits that seem satisfying can be disheartening in a rapid decline. But what if the real rise has begun and rallies will disappoint sellers?</p> 
<p style="text-align: justify">BTC price has increased by 23% in the past 7 days. However, John Deaton expressed his doubts while the rise continues.</p> 
<blockquote> 
 <p style="text-align: justify">“Okay, I must admit that it makes me hesitant when everyone says the bull market is back. 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 stated that the SEC’s order to reconsider the transformation of GBTC into an ETF feeds expectations for approval. Moreover, he emphasized the demand that the ETF would bring to <a href="https://en.coin-turk.com/anthony-scaramucci-the-current-state-of-the-financial-system-and-bitcoins-role/" data-wpel-link="internal">Bitcoin</a> as a product.</p> 
<blockquote> 
 <p style="text-align: justify">“For daily investors, a Bitcoin ETF can make investing in Bitcoin much simpler. They won’t have to worry about buying and storing cryptocurrencies directly. Large institutional investors may see the approval of a Bitcoin ETF as a sign that the crypto market has become more legitimate.”</p> 
</blockquote> 
<p style="text-align: justify">Here is the most crucial point: if the ETF approval comes, adding a spot Bitcoin ETF to company balance sheets becomes much easier, and more importantly, it becomes legitimate. There are multi-billion dollar companies that can cause massive price fluctuations by purchasing BTC ETF with just 0.01% of their balance sheets.</p> 
<blockquote> 
 <p style="text-align: justify">“This decision could impact the price and functioning of the Bitcoin market. It could encourage more people to become interested in and involved with cryptocurrencies.”</p> 
</blockquote> 
<p><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 the price of BTC 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 provide investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research before making any transactions.
</div>  Continue Reading: <a href="https://en.coin-turk.com/xrp-coin-community-and-the-role-of-attorney-john-deaton-2/" data-wpel-link="internal">https://en.coin-turk.com/xrp-coin-community-and-the-role-of-attorney-john-deaton-2/</a>

XRP Coin Community and the Role of Attorney John Deaton

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