This week was a good one for holders of virtually all leading cryptocurrencies, including Bitcoin, Solana, and XRP. Bitcoin (BTC) saw a 10% gain over the seven-day period, reaching $29,523. This increase was due to news that the U.S. Securities and Exchange Commission (SEC) would not be appealing a court verdict that labeled the regulator’s rejection of crypto asset manager Grayscale’s ETF application “arbitrary and capricious.” This was further compounded when Cointelegraph tweeted fake news that Wall Street titan Blackrock had been approved to launch a U.S. Bitcoin spot ETF, and BlackRock CEO Larry Fink acknowledged the “pent-up interest in crypto.” Later in the week, BlackRock submitted an amended prospectus for its ETF application. Ethereum (ETH) rose 3.4% to $1.602, while Ripple’s XRP blew up 6.7% to $0.515669 due to news that SEC had voluntarily dismissed charges against Ripple execs. The biggest rallies this week were from Solana (SOL) and Bitcoin Cash (BCH), which grew 25% and 11.6% respectively. The only red candle this week was from Cosmos Hub’s ATOM, which fell 3.8% to $6.36. #cryptocurrency #Bitcoin #Ethereum #XRP #Solana

You can read more about this topic here: Decrypt: This Week in Coins: Solana Explodes 25%, Bitcoin Reclaims $30K on ETF Hopes and Ripple Wins

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