The latest crypto prices saw a rise after the news of the approval of the first Bitcoin futures ETF. Bitcoin is currently is trading at $62,400.55 at the time of writing. It has plunged in the last few hours after hitting its ATH of $62,944.
The COO of crypto exchange WazirX made the following remarks: “Bitcoin continues to trade above the $61,000 level. BTC trend is going through the updated channel pattern. With news of the Bitcoin exchange, Bakkt listing on the New York Stock Exchange, and the upcoming launch of the Bitcoin Futures ETF, BTC’s position could remain strong and soon break through previous ATH.”
The second most-leading crypto, Ethereum, also faced a 1.01% decline in the past 24 hours. It is currently priced at $3.8390. Cardano prices fell 0.93% at $2.13. The meme-inspired crypto, Dogecoin, has seen an increase in the price of 4.81% in the last 24 hours, according to CoinMarketCap. It is currently trading at $0.2513 and has increased 11.5% in the last week.
Other cryptocurrencies like Binance Coin, Shiba Inu, Litecoin, Uniswap also gained over the last 24 hours. But, Solana and XRP faced a decline.
Talking about the total market cap, it surpassed its previous ATH of $2.5 trillion and hit $2.6 trillion. According to Menon, this historical event and the latest crypto prices is the result of Bitcoin’s recent rise.
