Major Cryptocurrencies Surge as Bitcoin Nears $35K and Traders Bet on SEC Approving Bitcoin ETF

Bitcoin's surge toward $35,000 has lifted major altcoins like Solana, Chainlink, and Aptos, with double-digit weekly gains.

Solana shook off its slump to gain 40% this week as investors poured in $15.5 million last week alone.

Chainlink jumped 56.6% this week, trading up 11.7% on Wednesday afternoon.

Meme token Pepe saw one of the best weekly performances, gaining 88% over the past week.

Investors are betting on SEC approval of a spot Bitcoin ETF, with analysts putting the odds at 90% by January.