Bitcoin price plummets $4K, report claims SEC to reject BTC ETF — The chaos explained

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 dayBitcoin ETF denial report did not cause 8% BTC price crash — Analysis‘Likely rejection’ or smooth sailing? Experts weigh in on potential spot Bitcoin ETFLargest Solana drainer community has over 6K members — ChainalysisCrypto hack losses declined 51% in 2023: ReportSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.