global 714 crypto neutral
Bitcoin (BTC) has returned to its familiar price level of around $26,000 after a week of massive volatility. Most altcoins are trading quietly, with the exception of Rocket Pool, Synthetix, and Stellar, which have all seen double-digit gains.The primary cryptocurrency had been trading sideways at around $26,000 until last Tuesday when Grayscale’s legal win over the US Securities and Exchange Commission caused a surge in prices. Bitcoin rose above $28,000, but the SEC delayed its decision on spot BTC ETF applications for 45 days, leading to a price retracement. Bitcoin dropped to an 11-week low of $25,350, but has since recovered and is now trading at around $26,000.Most altcoins have seen insignificant gains over the past 24 hours, with Ethereum, Binance Coin, Ripple, Cardano, Solana, Tron, TONCOIN, Polkadot, Polygon, and Litecoin all slightly in the green. Dogecoin and Shiba Inu have seen minor losses, while LEO, HBAR, and MKR have dropped the most. Stellar’s XLM has jumped by approximately 10% and trades well above $0.12.The total crypto market cap has regained slightly less than $10 billion in a day and sits inches above $1.050 trillion.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment neutral
Relevance Score 8
People SEC, Dogecoin, Shiba Inu, Bitcoin, Grayscale
Companies PrimeXBT, US Securities and Exchange Commission, Binance Futures, Bitcoin ETF, CMC, Grayscale
Currencies Rocket Pool ETH, Stellar, Ethereum, Bitcoin, Synthetix Network
Securities None

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