Bitcoin BTC , ethereum and crypto prices have been thrust into severe uncertainty in recent months with Binance's chief executive issuing a "frank" warning over its future. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoasterThe bitcoin price has dropped back after rallying through the first few months of the year, spurring the ethereum price and other major cryptocurrencies higher, as the market braces for a "looming" potential disaster. "Franklin Templeton's move to file for a bitcoin ETF adds new momentum and urgency to the ongoing movement for bitcoin ETF approvals," Alex Adelman, the chief executive of bitcoin rewards app Lolli, said in emailed comments, adding that "markets are pricing in this development as a powerful show of faith in bitcoin by one of the world’s biggest financial players." However, in early September, the SEC postponed its decision on most major spot bitcoin ETF filings until October. Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curiousMORE FROM FORBES Binance CEO Issues 'Frank' Warning As Fears Swirl Of An Imminent Bitcoin, Ethereum And Crypto Price CrashThe bitcoin price has climbed of the lows it fell to late last year, helping the ethereum price ... [+] rebound along with the rest of the crypto market.

Source: Forbes September 16, 2023 22:38 UTC