CDS Crypto News Pepe Crypto News – Bitcoin Roller Coaster: From Below $66,500 to Over $69,000
Crypto News

Pepe Crypto News – Bitcoin Roller Coaster: From Below $66,500 to Over $69,000

353
Bitcoin Roller Coaster: From Below $66,500 To Over $69,000

Pepe Crypto News – Bitcoin Roller Coaster: From Below $66,500 to Over $69,000

Pepe Crypto News – In recent days, Bitcoin’s price has experienced notable volatility, dipping below $66,500 before climbing to just over $69,000 last night.

Meanwhile, altcoins have also shown positive movement on a daily scale. UNI has stolen the spotlight with a significant 20% surge, pushing its value above $10. PEPE has also reached a new peak.

PEPE Hits New ATH, UNI Skyrockets

The major news in the cryptocurrency sector this week involved the US Securities and Exchange Commission, which had a substantial impact on ETH. On Thursday, the regulator approved eight spot Ethereum ETFs. This announcement sparked a significant rally for ETH, pushing its price from $3,100 on Monday to over $3,900 mid-week, before slightly retracing to its current level of $3,750.

Several other altcoins have posted impressive gains this week, with PEPE being a standout. The popular meme coin surged by another 12% in the past day, setting a new all-time high at $0.00001538.

Uniswap’s native token, UNI, is another significant gainer, soaring by 20% to trade near $11. Other altcoins such as XRP, DOGE, TON, SHIB, DOT, IMX, and NEAR are also in the green.

The total crypto market cap has recovered over $60 billion since yesterday, now nearing $2.7 trillion according to CoinGecko.

Pepe Crypto News

BTC Eyes $69K

Bitcoin’s price has also been influenced by the Ethereum ETF news. The cryptocurrency rose from $67,000 to a multi-week high of $72,000 on Monday and Tuesday, before experiencing a sharp decline in the following days.

Pepe Crypto News

The most significant drop occurred on Thursday, just hours before the US SEC’s announcement, which saw BTC fall below $66,500. However, it quickly rebounded, experiencing further fluctuations before heading upward last night.

This upward movement culminated in a surge to just over $69,200, driven by positive sentiment towards the spot ETFs. However, the bears quickly took control, preventing further gains. Currently, Bitcoin is trading just below $69,000.

Bitcoin’s market cap has risen to $1.350 trillion, maintaining its dominance over altcoins at 50.2%.

Pepe Crypto News
Written by
Zeynep Öztürk

.Zeynep Öztürk, born in 1994 in Mardin, is a journalist, writer, and SEO expert. She specializes in digital media and content strategies. With experience in news writing and SEO optimization, she creates content that reaches a wide audience.

Leave a comment

Leave a Reply

Related Articles

B3 Token Price Explodes After Coinbase Listing: Is This Just the Beginning?

For more information about B3 token price and the token, you can...

Polkadot News- Polkadot 2.0: Key Developments and Future Projections for 2025

Polkadot's February 17th Hong Kong event will unveil 2.0 developments and 2025...

Sensex Today- Indian Stock Market Rebounds: Key Drivers of Recovery

Indian stock markets rebound with gains in Sensex and Nifty, driven by...

BTC Price Analysis: Can $89.2K Support Prevent a Drop?

Bitcoin's price stability hinges on the critical $89.2K support level, influencing potential...