Top Altcoins: Amid the Santa Claus Rally sentiment, the crypto market has taken a bullish turn since last week. While the top two leading cryptocurrencies Bitcoin and Ethereum have 5-9% weekly, several altcoins have witnessed a buying inflow.
However, a few tokens Axie Infinity (AXS), MINA, and Ordinals(ORDI)have even aggressively projected their potential for a higher rally.
The global cryptocurrency market capitalization now stands at $1.68 trillion, marking a slight rise of 0.10% since yesterday. Additionally, the total trading volume in the crypto market over the past 24 hours has reached $62.75 billion, representing a significant increase of 8.31%.
In addition, the market participant’s growing anticipation of potential approval of a Bitcoin spot ETF gets another boost: the SEC has set a deadline of December 29, 2023, for the completion of applications for a Bitcoin Spot ETF. This decisive step may generate a wave of optimism among investors, as it suggests a possible imminent
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