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Bitcoin Likely To Witness Higher Crypto Prices Even If SEC Doesn’t Approve Spot ETFs: Matrixport

Matrixport Head of Research Markus Thielen claimed in his latest Market Overview report that even without a spot Bitcoin ETF approval by the U.S Securities and Exchange Commission (SEC), Bitcoin (CRYPTO: BTC) prices are likely to witness an increase. What Happened: Thielen stated, “Even if the SEC still disapproves of Bitcoin Spot ETFs in January 2024, we will likely see higher crypto prices in 2024.” He said crypto investors should keep an eye on Bitcoin’s dominance chart daily. Any declining indicator of dominance will signal that an altcoin rally is happening soon. Based on CoinMarketCap da…