Shiba

Bitcoin ETF

Bitcoin

The Graph

Shiba Inu

<p style="text-align: justify;">The altcoin market has surged, led by Bitcoin (BTC), amid expectations that the U.S. Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin ETF. The top cryptocurrency’s rise to $35,200 on October 25 and its price increase of over 22% in the last 7 days also mobilized altcoins. Notably, the top 25 altcoins, including Avalanche (AVAX), Shiba Inu (SHIB), Dogecoin (DOGE), Arbitrum (ARB), The Graph (GRT), and Quant (QNT), have been on the move.</p>
<h2 style="text-align: justify;" id="double-digit-increase-in-avax-shiba-and-doge-prices">Double-Digit Increase in AVAX, Shiba, and DOGE Prices</h2>
<p style="text-align: justify;">The spike in BTC’s price triggered a surge of over 19% in Ethereum’s (ETH) price in the last 7 days, while many altcoins like XRP (XRP) and Cardano (ADA) saw their prices increase by around 20%. AVAX, Shiba, DOGE, ARB, GRT, and QNT, which are currently on the investors’ radar and are being closely monitored, have risen, with their prices increasing by over 10%.</p>
<p style="text-align: justify;">Recognized as one of the strongest Ethereum competitors, AVAX is currently up 11.39% in the last 24 hours, trading at $11.38. With a market capitalization of $4 billion, AVAX stands out as one of the giant altcoins. Its trading volume increased by 18.36% during the same period. If the price of AVAX exceeds $11.52, it will reach its highest level in the last month.</p>
<p><img decoding="async" class="aligncenter wp-image-103911 size-full" src="http://en.coin-turk.com/wp-content/uploads/2023/10/altcoin.png" alt="" width="1380" height="700" srcset="https://en.coin-turk.com/wp-content/uploads/2023/10/altcoin.png 1380w, https://en.coin-turk.com/wp-content/uploads/2023/10/altcoin-300x152.png 300w, https://en.coin-turk.com/wp-content/uploads/2023/10/altcoin-768x390.png 768w, https://en.coin-turk.com/wp-content/uploads/2023/10/altcoin-1200x609.png 1200w" sizes="(max-width: 1380px) 100vw, 1380px"></p>
<p style="text-align: justify;">The top memecoin DOGE and the second-largest memecoin SHIBA also saw their prices rise in double digits on the new day. DOGE’s price has risen by 10.66% in the last 24 hours to $0.07224, while SHIB’s price increased by 10.96% to $0.000008128 during the same period. Dogecoin’s market capitalization stands at $10.2 billion, and Shiba Inu’s is at $4.77 billion.</p>
<h2 style="text-align: justify;" id="arb-grt-and-qnt-also-on-the-rise">ARB, GRT, and QNT Also on the Rise</h2>
<p style="text-align: justify;">The Layer 2 protocol, Arbitrum’s ARB, also stands out among the top 25 altcoins showing an upward trend. ARB’s price has risen by 11.96% in the last 24 hours, nearing the $1 mark, now priced at $0.9875. ARB’s price is currently hovering around its highest level in the last month.</p>
<p style="text-align: justify;">Moreover, data indicates that the prominent indexing protocol The Graph’s native asset GRT has risen by 13.70% in the last 24 hours to $0.1016. At the same time, Quant’s QNT has seen a rise of 10.72%, now trading at $106.73.</p> Continue Reading: <a href="https://en.coin-turk.com/surging-altcoins-amid-anticipation-of-secs-bitcoin-etf-approval/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/surging-altcoins-amid-anticipation-of-secs-bitcoin-etf-approval/</a>

Surging Altcoins Amid Anticipation of SEC’s Bitcoin ETF Approval

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