Analyst Anticipates Possible Bitcoin Price Fluctuations

Bitcoin remains the top choice for Wall Street investors who favor digital currencies. In a surprising turn of events, the Securities and Exchange Commission (SEC), under the leadership of Gary Gensler, approved the spot Ethereum ETF, despite earlier predictions suggesting otherwise. Although the actual trading of these products has not commenced, the approval of S-1 registrations for the relevant applicants can offer the much-needed support for Bitcoin. While Ethereum stands to gain the most, Bitcoin’s price is also poised to sustain its positive trajectory in the upcoming weeks.