Hong Kong has recently approved a Bitcoin ETF, sparking a significant advertising campaign across the city. Numerous billboards and electronic displays featuring Bitcoin ETF ads have been spotted in various high-traffic areas. This approval is anticipated to unlock billions in demand from China, marking a substantial development in the cryptocurrency sector in Asia.
The bitcoin spot ETF propelled the price way further than it should be at this point in the cycle. We're currently experiencing a correction. Now we're where we're supposed to be. However, historically we always see a correction around the halving of around 20-30%. Basically…
🚨JUST IN: @KRAKENFX RELEASES OWN CRYPTO WALLET TO COMPETE WITH @METAMASK AND @COINBASE
Current state of #crypto market https://t.co/qIp0CCYa27