Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions.

CNBC’s CryptoTrader host Ran Neuner commented on Twitter today that all of this week’s “good news” – such as retail brokerage firm TD Ameritrade and Ivy League U.S. university Yale moving into crypto – are “related to investment & speculation.” Neuner suggested that perhaps such news was not moving the market because the market is now geared toward a narrative “of adoption and mass real world usage.”