The market is seemingly starting to wake up, and enthusiasm is as high as it’s ever been this year. The industry added another $140 billion to its capitalization throughout the last seven days on the back of considerable gains across the board.
Of course, there was a good reason for it – ETF hype. On Tuesday, the website of the Depository Trust and Clearing Corporation suddenly showed the listing of a spot Bitcoin ETF under the ticker iBTC – BlackRock’s BTC ETF. The market obviously took that as a sure sign that the chances of approval by the United States Securities and Exchange Commission are high. The next day, the ticker was removed and, shortly after – added once again.
That’s all the rest of the market needed to soar as well. Major altcoins are up considerably. Ethereum is up 11%, BNB and Ripple’s XRP chart 6% gains, DOGE is up 17.6%, Cardano – 116%, SOL – 20%, and so forth. But is that really the case? The developments of this week make it particularly interesting to see how the market will shape up in the coming days.BTC: $33,967 | ETH: $1781 | BNB: $225Bitcoin’s Wild Ride: BlackRock’s ETF Delisting and Relisting on DTCC Stirs Hysteria.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »