Crypto Updates

Is the Bitcoin ETF Overhyped? No – but Crypto Winter Isn’t Over Yet

Is the Bitcoin ETF Overhyped? No – but Crypto Winter Isn't Over Yet

By James Edwards

The industry still has some major hurdles to clear before Bitcoin can reach a new all-time-high

This week Bitcoin rallied to a 17-month high of $35,000 off the back of speculation that a Bitcoin spot ETF is imminent.

Interest in crypto has seemingly done a 180, with institutional investors and retail traders returning to the fold.

But this euphoria could be short lived, as the industry still has quite a few hurdles to clear before another bull run can take off in earnest.

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