Traders look to ‘buy the dip’ after spot ETF rejection sends Bitcoin price to $62K Post author:MiamiCrypto Post published:November 12, 2021 Post category:Bitcoin Price / Cryptocurrencies / ETF / Market Update / Markets / SEC The SEC’s rejection of VanEck’s spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. You Might Also Like Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia May 11, 2022 Layer 1 Projects Rocked by Market Selloff December 6, 2021 SEC Promises US Will Lead the Next Wave of Crypto Innovation August 5, 2025