The latest decoupling from the two can be explained by the fact that the crypto market, since October, has been squarely focused on expectations for a spot bitcoin ETF launch in the U.S. The Securities and Exchange Commission is likely to decide on nearly a dozen spot ETF applications by Jan. 10, potentially opening doors for widespread adoption of the asset class.

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• Source: https://www.coindesk.com/markets/2024/01/09/bitcoin-decouples-from-nasdaq-amid-etf-speculation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines