March 16, 2017
1 Week Later: The SEC Denial for Bitcoin ETF Reaction
After a price spike-up just before the SEC’s decision was announced from around $1250 to around $1350 and a subsequent drop to south of $1100, Bitcoin has recovered and remained somewhat stable. It is currently trading at $1229.
The alts however have been surging. Ethereum (ETH) is up 136% to $40.57, Dash (DASH) is up 76% to $86.33 and Monero (XMR) is up 67% $21.16.
Keep an eye on Expanse (EXP). It’s up 38% to $0.33. After adding 4 new developers to the team to assist with development, beginning with helping to complet the DAO, a sharp rise is expected over the coming months.
Also note that the Bitcoin dominance is down to 75.6.