Blue-chip cryptocurrencies are trading flat/with a modestly negative bias on Wednesday, as traders weigh up optimism regarding potential near-term approvals of spot Bitcoin ETF applications in the US against macro headwinds as US yields rise on strong US data.
Bitcoin (BTC) was last trading in the $28,300s, down around 0.5% in the past 24 hours as per CoinGecko, but still above its 200DMA just above $28,000….
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