News Explorer — Bitcoin Surges After Grayscale Wins Appeal Against SEC

By Decrypt August 30, 2023 In Binance, Bitcoin, Grayscale Investments

The price of Bitcoin surged after the United States Court of Appeals ruled in favor of Grayscale in their battle against the SEC over the launch of a Bitcoin spot ETF. Bitcoin’s price increased by over 5% in the last hour, reaching a current price of $27,425. Other major cryptocurrencies also experienced similar price increases during this time.

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