fatStacksOfSats on Nostr: #Bitcoin 2024 journal January 3: Day begins with rumors from Matrixport that SEC will ...
#Bitcoin 2024 journal
January 3:
Day begins with rumors from Matrixport that SEC will reject #Bitcoin spot ETF even though no new insight is offered as justification for their take. However, it appears to be enough to trigger ~$500M in long liquidations and Bitcoin promptly drops below 41k to give up yesterday’s gains. #Bitcoin spends the remainder of the session clawing back to settle at just under $43K. Overall, markets were down for the day to make for a slow start to the year.
Published at
2024-01-04 00:04:44Event JSON
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"content": "#Bitcoin 2024 journal\n\nJanuary 3:\n\nDay begins with rumors from Matrixport that SEC will reject #Bitcoin spot ETF even though no new insight is offered as justification for their take. However, it appears to be enough to trigger ~$500M in long liquidations and Bitcoin promptly drops below 41k to give up yesterday’s gains. #Bitcoin spends the remainder of the session clawing back to settle at just under $43K. Overall, markets were down for the day to make for a slow start to the year.\nhttps://i.postimg.cc/7LjS0b74/IMG-3848.jpg",
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