š Crypto Market Update: Bitcoin Tops $46K, Ether and Altcoins Rally Post Bitcoin ETF Approval! š¹š
The crypto market experiences a surge following the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC). š Bitcoin climbs to $46,316, and the entire market witnesses a bullish trend with major cryptocurrencies and altcoins trading in the green.
š° Key Highlights:
1. Bitcoin's Momentum Continues:
Bitcoin (BTC) rises nearly 1% to $46,425 in the last 24 hours.
Despite lagging behind recent 19-month highs, Bitcoin's market cap stands at $904 billion.
2. Ethereum Rockets Up:
Ethereum (ETH) surges 10% in the last 24 hours, reaching $2,617.Ether's market cap soars to $314.5 billion, with trading volumes up 80% to $30.2 billion.
3. Altcoins Join the Rally:
BNB and Solana rise more than 2% each.
Notable gains for XRP (6%), Cardano (ADA) (12%), and Avalanche (AVAX) (14%).
4. Memecoins in Action:
Dogecoin and Shiba Inu climb 6% and 5.5%, respectively.
5. Market Overview:
Global crypto market cap rises 3.5% to $1.77 trillion.
Fear and greed index level at 74, indicating bullish sentiment among investors.
š Top 3 Cryptos For Today:
Pepe Coin (PEPE):
Price rallies almost 16% to $0.000001389.Market cap soars to $584.6 million, with a trading volume spike of over 119%.
Arbitrum (ARB):
Price jumps nearly 21% to $2.34.Market cap climbs to $2.9 billion, with a significant 81% increase in trading volumes.
Lido DAO (LDO):
Price falls 2.5% to $3.72.Market cap decreases to $3.2 billion, but trading volumes rise over 10% to $387.4 million.
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