The price of bitcoin and other cryptocurrencies are under pressure after the SEC's decision to delay applications for bitcoin spot ETFs for another 45 days. Bitcoin has fallen back below $26,000 after rallying earlier this week on Grayscale's (GBTC) victory in a federal appeals court. Yahoo Finance Markets Reporter Jared Blikre breaks down the story. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
