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Traders look to ‘buy the dip’ after spot ETF rejection sends Bitcoin price to $62K

While many investors had high hopes that the passage of a spot BTC ETF would send the price of Bitcoin to the coveted $100,000 price level, its denial was expected by others, including Bloomberg senior ETF analyst Eric Balchunas, who placed the odds of the SEC approving the VanEck fund at less than 1%.

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Source: Cryptocurrency - investing.com

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