BTC price dips below $62K on VanEck Bitcoin ETF launch day

BTC price dips below $62K on VanEck Bitcoin ETF launch day

Mixed emotions greet the third U.S. regulated Bitcoin ETF, as analysis predicts a "copy-paste" 2021 bull run for altcoins. Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge the sideways price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$61,600 support target for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting daily lows as U.S. markets opened on Oct. 26.The latest ETF, the VanEck Bitcoin Strategy ETF (XBTF), was met with a decidedly different mood on....


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