2018-7-27 20:45 |
The news came as investors have been riding a wave of optimism with bitcoin rising almost 40% this month alone.
However, the decision did offer a ray of hope with Commissioner Hester M. Peirce dissenting, arguing that the decision sends a signal that “innovation is unwelcome in our markets.” Read: Winklevoss bitcoin ETF rejected by SEC However, after trading to an intraday low of $7,798.70, bitcoin
BTCUSD, +0.33%
has regained $8,000, last trading at $8,105.23, down 0.4% since Thursday 5 p.m. Eastern Time on the Kraken exchange.
The Cboe contract for August
XBTQ8, -1.03%
is down 3.6% at $7,960 and the CME Group Inc
CME, +0.05%
July contract
BTCN8, -5.20%
which expires later Friday, has lost 5.2% at $7,845, while the most-active August contract
BTCQ8, -1.15%
was down 1.6% at $8,120.
In altcoins, Ether
ETHUSD, -1.34%
is down 1.9% at $463.47, Bitcoin Cash
BCHUSD, -0.77%
has lost 2.3%, trading at $803.80, Litecoin
LTCUSD, -1.89%
has shed 3% to $83.30 and Ripple’s XRP coin
XRPUSD, -0.98%
was off 0.9% at 45 cents.
Read: Bitcoin’s rise may bring back bubble calls — but this chart puts it all in perspective
Similar to Notcoin - Blum - Airdrops In 2024