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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Why Bitcoin Rose: $44K Exceeded with Ethereum Support! - Coin Newsletter
The market movement triggered by Ethereum (ETH) also led to Bitcoin (BTC) rising above $44K weeks later.
Investment firms Ark Invest** and 21Shares's change to spot Ethereum exchange-traded funds (ETFs) has sparked a bullish trend in the cryptocurrency market. The new compliance update submitted by companies to the US Securities and Exchange Commission (SEC) has brought significant increases in many assets, especially Bitcoin.
According to CoinGecko data, Bitcoin, which rose 4.5% due to the news flow, saw 44,692 dollars for the first time since January 12. Ethereum, on the other hand, rose 3.8% to $2,442.
Although the U.S. Securities and Exchange Commission (SEC) has so far postponed its decision on all spot Ethereum ETF applications to a later date, such positive developments in the process continue to reflect positively on the market. All eyes are on May 23, 2024 for spot Ethereum ETFs.
The cryptocurrency market continues its bullish momentum with the Bitcoin halving in April, the US Federal Reserve's (FED) possible interest rate cut in May**, and the growing expectation of a spot Ethereum ETF.