May 22, 2024

Bitcoin consolidates under $47K as ETF excitement builds (Cryptocurrency:BTC-USD)

Glowing dark background with bitcoin symbol.

peshkov/iStock via Getty Images

Bitcoin (BTC-USD) hovered under the $47K mark in Tuesday morning trading ahead of a long-awaited decision from the Securities and Exchange Commission on whether to greenlight the U.S.’s first exchange-traded fund that invests directly into the coin.

After briefly topping $47K

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