Traders are expecting the release of US data and ETFs

Bitcoin price wiped out its weekend gains, correcting to the $36,400 level, early on Tuesday. BTC traders are awaiting the release of US CPI data for October, as macroeconomic catalysts influence the risk asset’s price trend.

BTC holders are awaiting the US Securities and Exchange Commission’s (SEC) decision on 12 spot Bitcoin ETF applications. The SEC’s window to approve all BTC ETF applications opened on November 9 to November 17.