Cryptos: Bitcoin ticks higher, nearing 2019 high

Bitcoin prices moved higher on Monday, edging the cryptocurrency towards crucial resistance at $4,200.

In early morning trade, bitcoin, BTCUSD, +0.68% the world’s largest digital currency, was changing hands at $4,139.37, up 0.5% since Sunday’s level at 5 p.m. The cryptocurrency has yet to breach $4,200 in 2019.

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What are the experts saying

On Friday, the Securities and Exchange Commission delayed its ruling on two bitcoin-related exchange-traded fund proposals, one by Bitwise Asset Management and the other a joint bid from VanEck and SolidX.

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