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Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded

In October, the long-awaited U.S. bitcoin ETF approval sent BTC’s price toward an all-time high of almost $69,000. But extreme leverage preceded a sell-off back down to $47,100 by the end of the year.

Updated May 11, 2023, 3:40 p.m. Published Dec 30, 2021, 9:17 p.m.
Bull statue. (Jared Schwitzke, Unsplash)
Bull statue. (Jared Schwitzke, Unsplash)