Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

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Bitcoin’s price has been on a wild ride in the past few days, first heading north to over $70,00 before it dumped to $67,000 a day later.

The altcoins have recovered some of yesterday’s losses, and most have turned green. SHIB and WIF lead the pack from the meme coin realm with massive double-digit surges.The largest cryptocurrency by market cap experienced a volatile five-day trading period last week after the news surrounding the eventual approval of spot Ethereum ETFs by the US SEC.

It regained some traction on Friday and during the weekend as its price went to $69,000. It retraced slightly on Monday before another leg up resulted in breaking above $70,000 for the first time in about a week.hard yesterday to just over $67,000. Still, bitcoin bounced off and neared $69,000 once more hours ago but was stopped there and now sits inches above $68,000.This is all you need not to miss any price action in the raging crypto markets.

WIF is the other massive gainer from the larger-cap alts. The asset has soared by 20% in a day and now trades close to $4. SOL, TON, RNDR, and ATOM are with minor gains from the larger-cap alts, while ETH is down by 0.4% but still trades above $3,800.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

 

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