5
Bitcoin falls, ether surges to highest level since May 2022
source link: https://www.cnbc.com/2024/01/10/bitcoin-falls-as-investors-await-etf-decision-ether-surges-more-than-8percent-.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Crypto World
Bitcoin falls ahead of ETF decision, ether surges 12% to highest level since May 2022
Published Wed, Jan 10 202410:50 AM ESTUpdated 4 Hours Ago
Key Points
- Ether on Wednesday rallied as much as 12% at one point to $2,531.98, its highest level since May 2022, according to Coin Metrics.
- Bitcoin was in the red as investors awaited the SEC’s official decision on bitcoin ETFs, a day after the agency’s X account was compromised and tweeted false information about the highly anticipated news.
- Investors rotated into ether, expecting a bitcoin ETF approval by the SEC Wednesday and looking forward to Ethereum tailwinds, including potential spot ether ETFs.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK