What’s behind the recent bitcoin rally price to $7,100? Michael Moro, CEO of Genesis Trading and Genesis Capital, thinks the market’s stable reaction to the SEC’s ETF rejections last week played a big role. Interviewed on CNBC, Moro noted that the selloff that has greeted SEC rejections in the past did not materialize. The importantThe post Clear-Headed Response to Crypto ETF Rejections Drove Bitcoin Price to $7,100: Analyst appeared first on CCN