Here's how Bitcoin-ETF filing skyrocketed the market: top daily performers
On December 19, the community exploded with a thrill when BlackRock and ARK filed the amendments for previously approved spot Bitcoin-ETF. The event turned out to be a heater for the market, putting numerous assets into the bullish zone. Today, we'll showcase three of them.
šBitcoin (BTC): obviously, Bitcoin (BTC) has taken up its upsurge. The bullish trend greatly intensified amidst ETF news, with 5% daily growth resulting in $43,000 price range. The trend will only keep stronger, massively rallying amidst official introduction of IBIT (ticker for spot Bitcoin-ETF). Simply put, get ready for a skyrocketing pump this month!
šEthereum (ETH): the second-largest crypto is widely considered to be the next in a row of spot-ETF filing. The asset has fantastically recovered, growing by 5% for the last 24 hours and concluding with the price of $2,240.
šSolana (SOL): there is a fact of life that Solana (SOL) has been spiking for the last three month. Yet, one of the major altcoins is showcasing 10% daily increase, triggered by the overall excitement on the ETF. Currently, it is trading for $75.02.
šCrucial note: the recent ETF approval buzz is not a one-time thrill, but a driver for consistent bullish perspective amidst wider cryptocurrency adoption.
Still, stay focused and remember that crypto market is highly volatile.
Safe trades!
