Crypto Daily: Bitcoin market on tenterhooks for BlackRock ETF ruling

It is not uncommon to see the bitcoin-dollar pair affixed to a tight sideways trading channel following bursts of bullish or bearing price action. This behaviour is playing out right now, following the impressive mid-June bull run that saw BTC/USDT surge from a US$24,800 floor to highs above US$31,400 by the 23rd of last month.