- BTC, ETH, UMA, and HOT are all in the spotlight after their prices jumped in the past 24 hours of trading.
- BTC’s price jumped by $2K within minutes after false news about BTC ETF approvals spread yesterday.
- UMA was one of the biggest gainers after its price surged by more than 12% throughout the past day.
Bitcoin (BTC), Ethereum (ETH), UMA (UMA), and Holo (HOT) are all in the spotlight today after their prices experienced positive price movements in the past 24 hours of trading. UMA, however, stole the show with its 12+% price surge during the past day of trading.
Bitcoin (BTC)
BTC’s price was on a rollercoaster ride over the past day after fake news about BTC ETFs spread like wildfire yesterday. There were talks that the SEC had granted approval for a BTC ETF in the U.S., a development that has been eagerly awaited by many in the cryptocurrency industry.
This announcement had a huge impact on the market, causing BTC’s value to surge by $2K within a matter of minutes. CoinMarketCap indicated that the market leader eventually reached a peak price of $29,448.14. At press time, BTC was worth $28,350.10.
BTC / Tether US 1D (Source: TradingView)