Bitcoin Faces Headwinds as ETF Optimism Stalls; DOGE, SOL Give Back Gains

Bitcoin Faces Headwinds as ETF Optimism Stalls; DOGE, SOL Give Back Gains


Bitcoin (BTC) prices were little changed in the past 24 hours while major tokens gave back gains from their early November rallies.

BTC traded just over $37,500 in European morning hours Tuesday, adding 0.6%. Ether (ETH) lost 0.5%, while dogecoin (DOGE) and solana (SOL) slumped as much as 5% as traders likely took profits.

BNB Chain’s (BNB) tokens were up as much as 8% amid reports that crypto exchange Binance, which initially issued the tokens, could soon be paying $4 billion to settle multiple U.S. criminal charges.

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Some traders expect bitcoin to trade sideways in the coming weeks as its recent rally is running

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