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Bitcoin ‘overreacting’ as SEC returns ETF filings, BTC price dives 6

Usdz
2023-06-30 21:36:42
Bitcoin (BTC) fell below $30,000 after the June 30 Wall Street open as markets panicked over the fate of its first spot exchange-traded funds (ETFs).

BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and Coinbaseus showed BTC price action hurtling downward, briefly reaching $29,500.

Source: CME Group (NASDAQ:CME)