The cryptocurrency market is off to a robust begin in 2024, buoyed by the optimism round spot Bitcoin exchange-traded funds (ETF). The highest 3 cryptocurrencies by market cap have been buying and selling within the inexperienced on Saturday morning, with Bitcoin hovering close to $44,000 ranges.
After months of anticipation, spot Bitcoin ETFs are set to turn out to be a actuality. CoinGape earlier reported that every one 11 ETF candidates filed their 19b-4 amendments with the US Securities and Change Fee (SEC). Bloomberg Intelligence analyst Eric Balchunas mentioned the SEC may green-light the Bitcoin ETFs as early as Jan 11.
Amid expectations that SEC approval is imminent, institutional traders may step up Bitcoin shopping for. Bitcoin Worth (BTC) went up practically 1% over the past 24 hours to $43,945. It has surged 4.5% within the final 7 days, with its market cap standing at $861 billion. Nevertheless, buying and selling volumes fell 22% to $26.8 billion over the past 24 hours.
Ethereum was additionally buying and selling within the inexperienced on Saturday morning, up 0.2% over the past 24 hours. As of writing, ETH Worth stood at $2,249, whereas its market capitalization stood at $271 billion. Buying and selling volumes over the past 24 hours dropped over 18% to $9.5 billion.
Different digital belongings took a beating, with BNB down 5% to $307, Solana (SOL) off over 3% to $98, XRP down 0.7% to $0.573, and Cardano (ADA) off 3.9%.
In style meme cash — Dogecoin and Shiba Inu — have been additionally buying and selling within the crimson, falling over 1% every. The worldwide crypto market rose marginally 0.07% over the past 24 hours to $1.66 trillion. The concern and greed index stage stood at 70, indicating traders have been cautious.
High 3 Cryptos For At the moment
Pepe Worth Drops Over 3%
The value of Pepe Coin fell over 3.5% over the past 24 hours to $0.000001173, sending its market cap tumbling to $492.6 million. Its buying and selling quantity over the past 24 hours went down 21% to $72.5 million.
![Pepe Coin Price Chart](https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-06-at-10.26.50%E2%80%AFAM-1224x731.png)
Aptos (APT) Sheds Over 12%
The Aptos blockchain’s native token APT tanked over 12% over the past 24 hours. The altcoin final modified arms at $9.34, with its market cap falling to $2.9 billion. Buying and selling volumes over the past 24 hours plummetted over 43% to $404 million.
![Aptos Price Chart](https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-06-at-10.25.52%E2%80%AFAM-1224x767.png)
Lido DAO (LDO) Worth Rallies Practically 14%
The value of Lido DAO rallied virtually 14% over the past 24 hours to $3.47. At press time, its market cap stood at $3.09 billion whereas buying and selling volumes over the past 24 hours surged practically 17% 50% to $253.6 million.
![Lido DAO (LDO) Price Chart](https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-06-at-10.34.30%E2%80%AFAM-1224x779.png)
The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
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