After a period of market uncertainty, several large-cap cryptos are flashing signs of a comeback.
The surge is being led by bitcoin (BTC) and ether (ETH) along with other noteworthy digital assets on the back of heightened interest surrounding possible ETF approval next year.
“After the SEC declined to appeal its loss to Grayscale in the circuit court, an approval of a physically-backed BTC ETF in the US became increasingly more likely,” CoinShares head of research James Butterfill said in a statement to Blockworks.
Bitcoin has seen its price increase by 19% over the last seven days, trading at $34,100 as of Wednesday at 6:00 am ET. The asset has registered a 24-hour volume of $44…
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