This week, cryptocurrency markets saw significant shifts across major coins. Bitcoin (BTC) rose 4.72%, largely due to the growing anticipation around the SEC’s potential approval of several Bitcoin spot ETFs, as reported by Bloomberg. Ethereum (ETH) surged 10% following the launch of Ethereum futures ETFs in the U.S., which has driven trading volumes to new highs, according to CoinDesk. Solana (SOL) gained 6.58%, boosted by its integration into Visa’s stablecoin payment pilot program, highlighting Solana’s role in real-world use cases, reported by CoinTelegraph. Meanwhile, Uniswap (UNI) increased by 2.38%, with its V4 protocol upgrade enhancing liquidity and attracting new users, according to The Block. Conversely, XRP dropped 4.33%, reflecting concerns after the SEC appealed the recent court ruling favoring Ripple, as detailed by CryptoSlate. Bitcoin Cash (BCH) saw an 11.49% rise, attributed to its growing utility on platforms like PayPal and widespread adoption in peer-to-peer payments, as per Decrypt.
#WeeklyCryptoRoundup #MarketNews #TokenizeMalaysia