Soon after touching $45,000, bitcoin loses 10 percent in one day amid fears over spot ETF approvals

Not too long after touching a high of $45,000 for the first time since April 2022, bitcoin witnessed a sharp fall to trade at $42,685 on Wednesday, registering a 6 percent fall in 24 hours, CoinMarketCap data revealed.

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Discussion

What does it mean?

Is gonna go back up?