Bitcoin Price Drops to $7,900 as SEC Denies Winklevoss ETF, Crypto Market Loses $11 Billion

The bitcoin price has dropped by nearly 4 percent almost immediately after the US Securities and Exchange Commission (SEC) denied the Winklevoss bitcoin ETF on July 27. Bitcoin ETF as a Major Factor A sudden drop in the price of BTC from $8,300 to $7,900 led other major digital assets and small market cap tokens

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