Bitcoin bulls are being accused of overhyping Grayscale’s supposed victory against the SEC. Despite the news, Bitcoin has only seen a 6% increase and has failed to reclaim certain moving averages. Some believe that this is evidence that an ETF may not be desired or that there is a catch to the victory. The author suggests that the market would have reacted more strongly if the victory was as significant as claimed. The article concludes by stating the current trading price of Bitcoin and providing general information about the publication.
AI Sentiment: Negative
