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Is today the day for spot bitcoin ETF approval?

The cryptocurrency has eased from a $47K high but is up 10% so far this year.

Bitcoin consolidated after briefly rallying past $47,000 on optimism that regulators are set to approve the first U.S. exchange-traded funds investing directly in the world’s largest digital asset.

The token dipped to $46,739 as of 6 a.m. Tuesday in London after a 6.5% jump on Monday in the U.S

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