Tech

2018 has lost the greatest depreciation

The crypto money market, which re-valued the past few days, gave life to investors a great deal of depreciation.

The crypto money market, which increased its popularity in the past year, suffered the biggest fall of the period.

There was a decline in other crypto currencies, such as Ethereum and Bitcoin Cash, while the US Securities and Exchange Commission (SEC) authorities had a decline of 10% to the BitCoin stock exchange after they waited for the expected ETF decision on their acquisition of Bitcoin.

the announcement of a new decision on the reopened Bitcoin Stock Exchange Investment Fund (ETF) proposal has been postponed. Despite the fact that the ETF decision was only about Bitcoin, many alternative crypto moneys suffered worse than Bitcoin.

The announcement is due to be made by September 30th, and if the ETF is approved, there will be a significant increase in the value of Bitcoin, if the ETF approves it. it is expected to happen. The reason for the Commission's decision to postpone is that they need a longer time to assess the situation.

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Eduarda Aleman, assistant secretary of the US Securities and Exchange Commission (SEC), said the commission's decision "is that the Commission thinks it is appropriate to set a longer deadline for action on the proposed rule change, so that it has enough time to consider and evaluate the proposed rule change. they will have '.

Source:
                    https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-crash-sec-etf-decision-cryptocurrency-ethereum-ripple-a8482406.html