Bitcoin, Ethereum, Dogecoin Trade Lower After Fed Minutes Indicate Rate Hikes: Tom Lee Predicts King Crypto At $180,000 Only If Spot ETF Gets Approved

Major cryptocurrencies have faced a considerable drop in value, with the summer slump in trading activity exerting pressure on digital assets. What Happened: Bitcoin, the leading cryptocurrency, experienced 9% drop from its all-time high of 2023, reaching a low of $28,592. This comes asSecurities and Exchange Commission (SEC) is currently evaluating multiple applications for spot BTC ETFs, including one from financial powerhouse BlackRock. Top Gainer (24 Hour) Currently, the global crypto market capitalization stands at $1.13 trillion, a 2.18% decrease in the last day. Stocks took a downturn o…

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