Bitcoin and ether remained little changed on Tuesday, trading at $29,350 and $1,840, respectively. The world’s largest cryptocurrency by market value has struggled to find directional momentum over the past few weeks, trading in an increasingly tight range. One possible cause of market volatility is a spot bitcoin ETF. While the US Securities and Exchange Commission (SEC) may or may not make a decision soon, analysts expect a court to give a ruling – perhaps as soon as today – on Grayscale’s lawsuit against the SEC his plans to change his bitcoin trust (GBTC) to an ETF. With most of the crypto market flat, Hedera Hashgraphs HBAR continues to outperform, rising 12% in the past 24 hours.
