Crypto Market’s Volatility Surges Amid Shaky Bitcoin and Rising Ethereum

The volatility in the cryptocurrency market saw a significant increase from last night. The leading cryptocurrency, Bitcoin (BTC), fell to $30,400 after recording a 1.25% loss in value in the last 24 hours. However, many cryptocurrencies in the market, primarily Ethereum (ETH), started the day with a rise. Current Situation in the Crypto Market A significant development that caused the leading cryptocurrency Bitcoin to fall briefly below the $30,000 price levels occurred last night. The Wall Street Journal (WSJ) reported that the SEC deemed Spot Bitcoin ETFs inadequate. Despite rising again in the morning, Bitcoin (BTC) briefly pulled back to the price levels of $29,850 after the WSJ news. Ethereum (ETH), which recorded a 1.7% increase in the last 24 hours, again managed to exceed the $1900 level. The total market value of the crypto ecosystem fell by 0.3% in the last 24 hours to $1.19 trillion. Additionally, volatility in […] The post Crypto Market’s Volatility Surges Amid Shaky Bitcoin and Rising Ethereum appeared first on COINTURK NEWS.