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Altcoins Join Bitcoin Party, Pushing Crypto Market Up by 7.5% with Ethereum Leading the Way

Altcoins Join Bitcoin Party, Pushing Crypto Market Up by 7.5% with Ethereum Leading the Way

CointimeCointime2023/10/24 05:39
By:Cointime

The cryptocurrency market is experiencing a surge, with altcoins joining Bitcoin in a 7.5% increase and adding over $150 billion to investors. Ethereum has led the way, gaining 8% and surpassing the $1,800 level, with eyes on reaching $2,000.

The US SEC has acknowledged Grayscale's application to convert its Ethereum Trust into a spot Ethereum ETF, potentially leading to a surge in trading volume. Other top cryptocurrencies, including Cardano and Dogecoin, have also seen gains, while Solana remains steady after significant weekly gains.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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