BTC Underperforms ETH and Altcoins As Investors Sell Bitcoin After ETF Approval

BTC Underperforms ETH and Altcoins As Investors Sell Bitcoin After ETF Approval

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The price of BTC posted a double-digit tumble from last week’s local high, significantly underperforming ETH and other leading altcoins despite the first spot Bitcoin ETFs going live. BTC last changed hands for $42,640, a 12% retracement from its Jan. 11 high of $48,500, according to CoinGecko.…

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