The cryptocurrency market again captured the attention of investors and lovers alike, with the popularity of Memecoins and non -explosive symbols (NFTS).
While the expectation surrounding the approval of the money circulating on Bitcoin exchange (ETFS) has dominated the headlines in the encryption space, altcoins, such as Dogwifhat, are the ones that make great gains, Bloomberg I mentioned Wednesday (December 20).
These speculative symbols have seen leaps of more than 1000 % within days, and attracted investors at low trading prices, according to the report.
The report said that with the passage of the market on Awda to return, large symbols such as Solana and Avalanche witnessed an increase in value, making it some of the best winners this year.
Altcoins, whose unique and strange concepts often have become the latest trend in the encryption market, according to the report. Memecoins, such as Dogwifhat, has seen an increase in the prices that remind us of the last bull market for more than two years.
While Memecoins and NFTS lead the recent gains in the encryption scene, Bitcoin also witnessed a positive price movement, according to the report. Trading at the highest price in more than a week, Bitcoin rose by up to 4.2 % to reach 44,294 dollars.
The report said that this increase in the price comes at a time when the Securities and Exchange Committee (SEC) faces a final date on January 10 to approve or reject the investment funds circulated in Bitcoin. The expectation of ETF approval, along with the recovery of FTX claims, contributed to the positive feelings surrounding the encryption.
FTX claims, which have seen an increase in value, are traded above 50 cents per dollar, indicating a gathering in digital assets, according to the report.
This was reported on December 4 that Bitcoin price He had reached 41,000 dollars for the first time in 20 months, after it rose steadily in previous weeks. Observers said at the time that the encryption market can manage an angle.
Monday (December 18), Green investments CEO Michael Sonnenshein He said that the Securities and Stock Exchange Committee (SEC) must agree to all requests Bitcoin etfs spot Simultaneously to create an equal field for investors.
Grayscale is one of more than 10 companies trying to get Bitcoin ETF for the first time.