Posted 1/13/2024, 9:38:36 PM
Crypto Markets See Renewed Volatility After ETF Hopes and Altcoin Gains
- Bitcoin price fluctuated around $49k after long-awaited US ETF approvals, but has since fallen back to $43k range where it's been for a while
- Ethereum hit an 18-month high near $2,700 on ETF speculation, up 14% this past week and 80% in the last year
- Arbitrum and Optimism, Ethereum scaling networks, posted double-digit gains this past week
- Tezos and Stacks also saw nice boosts over the last 7 days
- Ethereum Name Service token was the biggest gainer, up nearly 75% this week