Bitcoin is trying to break above $28,000

Volatility in the cryptocurrency market has escalated after Grayscale succeeded in a legal standoff with the Securities and Exchange Commission (SEC).
The GBTC trust issuer is trying to get its product converted into a spot bitcoin-ETF crypto fund.
The regulator refused to approve the transformation of the tool, and Grayscale management went to court to force the commission to reopen the application.

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