Your Daily Brief For January 24th

Your Daily Brief For January 24th

about 1 month ago1 min

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Today's Insight

Your Brief summary

In today’s Daily Brief, we'll look at why bitcoin has plunged ever since the long-awaited spot ETF approval.

"Crypto’s known as an investing bad boy, but the recent approval of bitcoin spot ETFs was expected to turn bitcoin into a responsible suitor. So far, though, it's dropped 20% since the ETFs’ launch."

Key takeaways:

  • Bitcoin has dropped about 20% since the landmark spot ETFs started trading
  • China reportedly started mapping out a big-budget rescue mission
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