Bitcoin’s price performance continues to be somewhat surprising given the positive news that came from Grayscale’s court victory over the SEC earlier this week, and the asset fell to a new multi-month low. The altcoins also fell in the past 24 hours once again, except for TONCOIN, which is in a league of its own. CryptoPotato reported the positive developments in the crypto market earlier this week when a US judge ruled in favor of Grayscale in its lawsuit against the US Securities and Exchange Commission. However, the hype quickly evaporated, and the SEC cooled things off by delaying the decision to approve or reject all current spot Bitcoin ETF applications for another 45 days.
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