Recap | Bitcoin drags Monero, Tezos, and Basic Attention Token into large losses | Why the SEC once again postponed Bitcoin ETFs
BTC 📉 $10,204 (-6.5%) / ETH 📉 $189 (-8.76%) / XRP 📉 $0.27 (-8.83%)
|Aug 14||Public post|| 2|
Bitcoin is again leading the market. As BTC’s price started to decline the rest of the market slid, but three coins stood out with major losses.
The SEC again postponed its decision on three of the most prominent Bitcoin exchange-traded fund applications this Monday, including those proposed by Bitwise Asset Management, VanEck-SolidX, and Wilshire Phoenix.
In 2019, Bitcoin decoupled from the rest of the crypto market, with its dominance rising to 70 percent for the first time since December 2017. Will the trend continue, or will the pioneer cryptocurrency reach an exhaustion point that triggers a renewed “altseason?”
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