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Bitcoin price LIVE: SEC rejects nine bitcoin ETF applications – latest cryptocurrency ne…

23 Aug Bitcoin price LIVE: SEC rejects nine bitcoin ETF applications – latest cryptocurrency ne…

Posted at 15:22h in Cryptocurrency News by

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DAILY HEADLINES

Good afternoon and welcome to our rolling coverage of all things cryptocurrency, including price, innovation, regulation and financial crime.

The USA Securities and Exchange Commission (SEC) rejected a total of nine applications to list and trade various bitcoin (BTC) exchange-traded funds (ETFs) from three different applicants, shaking investor confidence today.

BTC dropped another $100 today to trade at $6,332.23 at the time of writing on August 23.

Ethereum rose by 1.21 percent to trade at $288.60.

Ripple also increased by 0.39 percent to trade for $0.288578.

Litecoin saw small gains of 0.25 percent to trade for $55.74 a coin. 

Continued uncertainty over the SEC’s decision to ratify any potential bitcoin ETF’s has caused the market to stall, with prices slowly dropping as each day passes. 

Can bitcoin recover from the uncertainty? Find the latest news and live updates below – all times in BST.

3pm UPDATE: SEC rejects nine ETF applications

The Securities and…

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