Even by crypto standards, yesterday was a chaotic day! Bitcoin crashed by nearly $4,000 in just two hours, and reports claimed the U.S. SEC might reject all spot Bitcoin ETF applications at the eleventh hour. If you tried to find out what was happening, you were met with conflicting information from multiple sources. So, we’ve worked through everything to give you a concise rundown of all the day’s events!

Further reading:

• Bitcoin plunges $3K in just 2 hours on 15th anniversary of genesis day
• Bitcoin ETF denial report did not cause 8% BTC price crash — Analysis
• ‘Likely rejection’ or smooth sailing? Experts weigh in on potential spot Bitcoin ETF
• Largest Solana drainer community has over 6K members — Chainalysis
• Crypto hack losses declined 51% in 2023: Report

So, grab yourself a coffee, and let’s get into it!

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