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Bitcoin Cools From Seven-Month High as Major Forks Rally

Bitcoin eased after touching a seven-month high, while two major forks surged. Decrypt linked the fork rally to a CME futures listing and a fresh Grayscale exchange-traded fund filing.

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Bitcoin Cools From Seven-Month High as Major Forks Rally

Bitcoin pulled back after reaching a seven-month high, while two of its largest forks moved sharply higher. According to Decrypt, the fork rally followed two developments: a futures listing on CME and a new exchange-traded fund filing from Grayscale. The contrasting moves highlighted renewed attention around Bitcoin-linked assets even as the flagship cryptocurrency lost momentum. The report did not provide specific price changes for Bitcoin or the forks. The CME listing and Grayscale’s filing were identified as the main catalysts behind the stronger performance among the fork-related assets.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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