The rate of bitcoin has crashed the SEC indecision and fears of investors

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The bitcoin exchange rate on Friday fell below $ 3500 USD and renewed 15-month low against the decision of the SEC in the US to extend the consideration of the registration of the bitcoin ETF until February 27.
This summer, an American investment company VanEck has applied to launch cryptocurrency exchange-traded Fund VanEck SolidX Bitcoin Trust, however, SEC was not able to announce any decision on the matter, and uncertainty on the market remains.
On the background of this news, the bitcoin exchange rate to 11.00 per day fell by 10.72% to $ 3406 in the capitalization of $59.7 billion Ethereum by this time, fell by 13.4% to 85.9 per dollar, its market capitalization of $9.1 billion XRP per day has fallen in price by 11.76% to 0.3 per dollar, its market capitalization has reached $12.3 billion Litecoin fell by 10.76% to 25.7 per dollar with a market capitalization of $1.6 billion.
The total capitalization of the stock market amounted to $108,6 billion.
Investors also appreciate the news that Venezuela is going to sell locally produced oil only for the cryptocurrency.
Probably on the background of uncertainty in respect of the registration of the bitcoin ETF bitcoin exchange rate in the short term will continue to fall and may fall to 3300 dollars, Ethereum could fall to $ 80, XRP – to 0.27-0.28 per dollar, Litecoin is up to 22-23 dollars.
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Ivan Marchena,
Analyst
GK Forex Club