The market finished down overall this week, with a few percentage points deducted from the overall market cap. One of the reasons for the slight decline is being blamed on the continued government shutdown, forcing the SEC to yet again postpone any possibility on a potential Bitcoin ETF approval. One wonders if and when the greatly awaited derivative finally gets approved, will it even be possible for it to
This week was strong after last weeks near globally dismal performance amongst the Top 50 Crypto’s. With the only major setback coming early Sunday morning, pushing most of the tokens down around the 5% range including Bitcoin. While this week showed some promise, it wasn’t enough to turn around the rough start to the month that it’s been for the majority of coins within the top 50.