Bitcoin hovers around $46,000, Cardano in focus ahead of network upgrade By Investing.com – Investing.com

Bitcoin hovers around $46,000, Cardano in focus ahead of network upgrade By Investing.com – Investing.com

By Samuel Indyk

Investing.com – The price of was hovering around $46,000 on Friday morning, close to its 200-day moving average which stands around $45,900. The world’s largest cryptocurrency has been magnetised around the level for the last three days after Tuesday’s flash crash.

The US Securities and Exchange Commission (SEC) announced earlier this week that they had pushed back their timeline for making a decision on the approval VanEck’s Bitcoin ETF until the 14th November.