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Bitcoin Takes All

Anticipation of ETF approval drove action away from Alts and towards BTC
Jack Inabinet Jack Inabinet Jan 8, 20241 min read
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market analysis Bitcoin Takes All

Sacrificing Alts: Crypto’s attention remains squarely affixed to Bitcoin with key ETF approval deadlines looming this week; BTC price held steady throughout the weekend, despite the sell-off in alts, and is up 6.8% to new cycle highs on the day! How is ETF approval anticipation impacting the crypto market?

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Jack Inabinet

Written by Jack Inabinet

280 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business and remains based out of the Seattle area.

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