Bitcoin is quickly closing in on $38,000 per coin, a price it hasn’t touched since April of last year. Ethereum, the second-biggest digital asset, is trading hands for $2,037 per coin and recently broke above $2,000 for the first time since July. Any positive news surrounding the long-list of Bitcoin ETF applications the Securities and Exchange Commission has sitting on its desk leads to the price of the coin to go up. The rest of the crypto market was mixed on Monday, with some coins making impressive gains, such as PancakeSwap (CAKE) and ApeCoin (APE). Last month, an Apecoin community accelerator launched from Animoca Brands’ Forj, an NFT creators platform. This news is good for crypto investors, as it demonstrates the increasing optimism surrounding the crypto market and points to potential future growth. #Crypto #Bitcoin #Ethereum #CryptoNews #Investing
You can read more about this topic here: Decrypt: Bitcoin, Ethereum Hover Near Yearly Highs as ETF Hopes Stay Alive