Ether Surges 20% as Odds of SEC Spot ETF Approval Increase
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Daily Bits
May 21, 2024
3 min read
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Daily Top Performer — Ethereum (ETH)
The broader equity market was up overnight as investors are also closely monitoring upcoming speeches from Federal Reserve officials and the release of the latest FOMC minutes for insights into possible interest rate cuts. The broader cryptocurrency market followed suit, with Bitcoin and Ether rising by 6.08% and 13.86%, respectively in the past 24 hours.