Stocks Edge Higher, Bitcoin Holds Steady Awaiting SEC’s Decision: What’s Driving Markets Wednesday?

Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today.

The price of Bitcoin (CRYPTO: BTC) remains stable around $46,250 at 01:00 in New York, recovering from losses incurred following a false tweet posted Tuesday on the SEC’s Twitter account, which was later declared compromised due to a hacker attack.