Chair

Bitcoin

<a href="https://www.coingabbar.com/en/crypto-currency-news/saylors-plan-to-boost-personal-bitcoin-portfolio" class="f-link">Bitcoin</a> experienced a significant 8% drop within the past hour, plummeting from $45,000 to $41,500, before rebounding by approximately 2%. It has now stabilized at $42,500, showcasing resilience after the sudden volatility. 
Now, the market is waiting for new directions, the sudden downfall could be due to numerous reasons. Everyone is waiting for <a href="https://www.coingabbar.com/en/crypto-currency-news/blackrock-has-shown-interest-in-spot-bitcoin-etf" class="f-link">Bitcoin ETF&nbsp;Approval</a>&nbsp;in the first week of January.
The recent Matrixport report has sparked concern by indicating a potential rejection of all Bitcoin spot ETFs by the Securities and Exchange Commission (SEC) in January.&nbsp;
The report acknowledges the predominantly Democratic leadership of the SEC and highlights SEC Chair Gensler's cautious approach toward cryptocurrencies as contributing factors to this possibility.

Also Read: <a href="https://www.coingabbar.com/en/crypto-currency-news/saylors-plan-to-boost-personal-bitcoin-portfolio" class="f-link">MicroStrategy Saylor's Share Sell-Off Fueling Bitcoin Passion</a>

Rumors Let To be The Free Fall of Bitcoin Prices

Coingabbar

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