As Bitcoin has slowed down its run, a number of altcoins have soared in price in the past day. Of the top 20 largest coins and tokens by market cap, Solana is the best performer, up over 7% in the past 24 hours and nearly 20% in the past week. XRP has also made notable gains, up nearly 5% in the past 24 hours, while Avalanche is up over 3%. Meme coin Pepe has also made significant gains in the past week, jumping by over 60%. Investors are plugging cash into the crypto space due to increased optimism around the approval of a Bitcoin exchange-traded fund (ETF). Bitcoin has gained nearly 14% over seven days, currently trading for $34,664. #Cryptocurrency #Altcoins #BitcoinETF #InvestingInCrypto
You can read more about this topic here: Decrypt: Bitcoin Rally Cools, But Solana, Pepe, and XRP All Jump in Price