Bitcoin was back in red today as traders took some profit off the table amid the volatile market sentiments. The ruling by the Federal Court on Tuesday is seen as a clearing the path for a spot bitcoin ETF by the Grayscale. However, overall sentiments remain volatile for the traders. Bitcoin was back in red today as the largest crypto token dropped about a per cent but remained above $27,000-levels. Its largest peer, Ethereum, declined more than a per cent to breach below $,1700 mark again. Price action in the altcoins was on the lower side during the early trade. Solana dropped more than 4 per cent, while Polkadot tanked 3 per cent. Polygon and Tron shed 2 per cent each.
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