Bitcoin was under pressure earlier in the week from a stronger dollar and uncertainty around the U.S presidential election while the stock market saw strong gains amid easing fears of a U.S. recession. BTC is now quickly playing catch up to the stock market, up 2.5% already today.

The NYSE and Nasdaq withdrew requests for rule changes relating to listing options on Bitcoin and Ethereum ETF according to regulatory filings submitted yesterday. The move comes after statements in July from the SEC requesting more time to consider the proposals. Currently US investors can only trade options on ETFs that track the performance of BTC using derivatives but they want to allow investors to trade ETFs that physically hold BTC.

Litecoin LTC is the biggest gainer on Metal Pay, up 10% on the 7 day with Hedera HBAR on the other end of the spectrum, down 7% this week.

Looking at the Crypto Market Fear & Greed Index today the sentiment shows investors are somewhat fearful compared to last month where the sentiment was in the Green for Greed.

Remember you can physically hold your own BTC, LTC and more when you buy on Metal Pay and withdraw to your non-custodial wallet of choice.

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