Crypto Market Buzzes with Potential Launch of US Bitcoin ETFs

Bitcoin

Bitcoin

The crypto market is still buzzing over the potential launch of a US Bitcoin exchange-traded funds. First it was BlackRock and now WisdomTree and Invesco are filing their ETF applications. As the economic resilience of the US ends, it will be interesting to see how Bitcoin and all the other top cryptos perform.

The use case for cryptos is slowly making progress as JPMorgan has expanded their blockchain-based token to euro payments. Bitcoin is hovering around the $30,000 region and traders are becoming optimistic that a path to $40,000 is forming. With a de-risking moment occurring on Wall Street

Ed Moya

With more than 20 years’ trading experience, Ed Moya is a senior market analyst with OANDA, producing up-to-the-minute intermarket analysis, coverage of geopolitical events, central bank policies and market reaction to corporate news. His particular expertise lies across a wide range of asset classes including FX, commodities, fixed income, stocks and cryptocurrencies. Over the course of his career, Ed has worked with some of the leading forex brokerages, research teams and news departments on Wall Street including Global Forex Trading, FX Solutions and Trading Advantage. Most recently he worked with TradeTheNews.com, where he provided market analysis on economic data and corporate news. Based in New York, Ed is a regular guest on several major financial television networks including CNBC, Bloomberg TV, Yahoo! Finance Live, Fox Business and Sky TV. His views are trusted by the world’s most renowned global newswires including Reuters, Bloomberg and the Associated Press, and he is regularly quoted in leading publications such as MSN, MarketWatch, Forbes, Breitbart, The New York Times and The Wall Street Journal. Ed holds a BA in Economics from Rutgers University.

Crypto Market Buzzes with Potential Launch of US Bitcoin ETFs

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