The rejection of ETF applications by the SEC caused a knee-jerk reaction, but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
![Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT](https://btcstory.xyz/wp-content/uploads/2023/07/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDYvOGRjZDRjNWYtYmE2OS00MTBjLTkxZjgtYjkwYzBkMmVjNTE5LmpwZw-850x566.jpg)
The rejection of ETF applications by the SEC caused a knee-jerk reaction, but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.