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Cryptoknowmics 2024-02-23 03:33:49

Spot Bitcoin ETFs: A Pillar of Stability in Cryptocurrency Markets

Samson Mow, a crypto project founder and developer, credits the current stability in Bitcoin prices to the introduction of spot Bitcoin exchange-traded funds (ETFs) in the U.S. According to Mow, these ETFs have acted as a buffer, preventing a potential 10-20% price drop in Bitcoin. Spot ETFs Offset Potential Price Decline In a recent statement … Continue reading "Spot Bitcoin ETFs: A Pillar of Stability in Cryptocurrency Markets" The post Spot Bitcoin ETFs: A Pillar of Stability in Cryptocurrency Markets appeared first on Cryptoknowmics-Crypto News and Media Platform .

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