In bitcoin’s history, “sell the news” events are common, in 2017 BTC topped out at $20,000 after the CME listed BTC futures, and in 2021 the world’s largest cryptocurrency peaked again, hitting $65,000 after Coinbase completed its IPO before losing ground in the following months.
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- Source: https://www.coindesk.com/markets/2023/12/28/bitcoin-etf-approval-tipped-to-be-sell-the-news-event-cryptoquant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines