Bitcoin Soars Over 120% as Investors Await SEC Decision on Spot ETF; Ethereum and Solana Also Surge While Binance Struggles
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Bitcoin is up 120% this year and may get another boost if the SEC finally approves a spot Bitcoin ETF.
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Ethereum is trailing Bitcoin's gains this year, up 65%, due to regulatory uncertainty and disappointing growth despite recent upgrades.
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Solana has rebounded 313% this year from its FTX-related beating, with its high transaction speeds making it a potential Ethereum competitor.
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Binance's BNB token has plunged over 10% on news of criminal charges against Binance and its CEO's resignation.
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NFT marketplace Blur and its BLUR token have gained market share, but rewards slowing and potential token flooding are risks.