Long time ago that I had no business with crypto, either it is on all time high or low was nine of my business then. This changed when I joined hive and I started getting rewards in hive and hive power, then I started getting concerned 😄.
For quite a while last year, in my observation, the value of crypto or let me say bitcoin because I think the value of bitcoin actually influence the value of other cryptocurrencies. I stand to be corrected though, has been lower than what it used to be. This is usually influenced by news and other powers
I was happy when I saw the price of bitcoin and other crypto started getting okay but with the recent news and other powers that influence crypto are starting to change its tune a bit.
The SEC scheduled meetings with the New York stock exchange to finalize comments on spot Bitcoin ETF. The big thing for me about the news is that the SEC is meeting with the New York stock exchange might be a sign of approval for the spot bitcoin ETF, this I think will have a positive impact on cryptocurrencies, which is good for me 😁.
I don't want to think otherwise though because it might not be approved too because of those people feelings concerning crypto about its vulnerabilities. Fingers crossed