Bitcoin and Ether both experienced a 3.5% drop on May 24, disappointing many who anticipated a market boost from a significant institutional development. According to Cointelegraph Markets Pro and TradingView, BTC hovered near $67,000, while ETH was priced at $3,670. The expected market reaction to the U.S. regulators’ approval of spot Ether exchange-traded funds (ETFs) did not materialize. This landmark decision for the crypto industry marks a significant policy reversal by the Securities and Exchange Commission (SEC). However, the ETFs are not yet ready for trading, as additional preparations are required, which analysts suggest could take several weeks, pushing the
