2023-12-28 16:32:30
19:32, December 28, 2023
Analysts at the CryptoQuant platform said that the approval of a spot Bitcoin ETF in the United States would be news for sales. This was reported on the website of the RBC news agency with reference to The Block.
Photo: pxhere.com
According to experts, this will lead to the fact that the value of Bitcoin might drop to $32,000.
As analysts explained, Bitcoin owners have large unrealized profits following the price of the flagship cryptocurrency increased above $40,000. Traditionally, this precedes a price reduction.
Experts emphasized that unrealized profits of miners might contribute to the sale of bitcoins. Recently, sales from cryptocurrency miners have increased. At the same time, the price of Bitcoin remained above $40,000.
If the “sell on news” scenario is realized, then the cost of the flagship cryptocurrency will decrease to $32,000.
Earlier, ABN24 reported that the Binance crypto exchange notified Russians of the need to close positions before December 29, 2023.
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