Crypto adoption in emerging markets accelerates as SEC keeps rejecting Bitcoin ETFs

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City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved mostly sideways throughout last week, starting off at $23,000 and dipping to a $22,500 low before moving strongly upward to $23,500. The cryptocurrency failed to remain at that level and has since dropped to $23,200. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded upward at the beginning of the week, close to the $1,650 mark. It soon dropped to below $1,550, but it quickly recovered to now trade at $1580. Over the past week, it was revealed that cryptocurrency adoption in emerging markets h…

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