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CryptoBank.Ltd - Bitcoin rises, shaking off SEC's denial of Winklevoss ETF


" The world's largest cryptocurrency jumped back above $8,200 Friday after falling sharply following news that U.S. regulators denied an application by Cameron and Tyler Winklevoss for the first-ever bitcoin ETF.

Bitcoin dropped to a low of $7,798.70 Friday morning, about 6 percent below where it was trading before the news Thursday evening, according to data from CoinDesk. Hours later, it recovered to $8,211.87 as of 3:52 p.m. ET. The cryptocurrency had jumped to a two-month high earlier this week, partially on rumors of a looming exchange-traded fund approval." - Kate Rooney - Read Full Article

Source: CNBC

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