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Bitcoin Price Drops to Around $98,000 on Global Exchanges Amid Ongoing US-China Trade Tensions

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Bitcoin Price Drops to Around $98,000 on Global Exchanges Amid Ongoing US-China Trade Tensions

Bitcoin’s price dropped by 1.88 percent in the last 24 hours, trading at $98,110 (around Rs. 85.4 lakh) on February 5, according to CoinMarketCap. Earlier this week, the price of Bitcoin fell after US President Donald Trump announced new tariffs on imports from China, Canada, and Mexico. However, with the US President’s Canada and Mexico … Read more

US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF

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US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF

The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalisation. The structure of … Read more