Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Coin Market This Week: Bitcoin Flashes and Disappears with ETF Launches, but Ethereum Soars
ETHEREUM NEWS

Coin Market This Week: Bitcoin Flashes and Disappears with ETF Launches, but Ethereum Soars

By Crypto FlexsJanuary 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coin Market This Week: Bitcoin Flashes and Disappears with ETF Launches, but Ethereum Soars
Share
Facebook Twitter LinkedIn Pinterest Email
Illustration by Mitchell Preffer for Decrypt.

The historic and hotly anticipated approval of a Bitcoin spot exchange-traded fund (ETF) this week basically blocked the sun from the rest of the cryptocurrency solar system and, quite frankly, caused a deluge of headlines. decryption.

All the theories and analysis about what approval means for the best cryptocurrency value have finally been tested. Up or down? Is there a price? Will Bitcoin enter the next phase of its evolution or will it simply be shrugged off? After all, Bitcoin spot ETFs are nothing new outside of the United States.

The answer to the question of going up or down is, by far, both. When the ETF was approved, the price of Bitcoin was flirting across the crowded room at $49,000. But a day later the price dropped back to $43,000. This neighborhood has been a neighborhood where people have been staying for quite some time.

Bitcoin, currently trading just below $43,000, is down about 2% from seven days ago. Over the past month, BTC has been completely flat. But hodlers are still delighted to see Bitcoin up more than 120% since this time last year.

In comparison, perennial “distant second” Ethereum has seen more green candles, partly driven by the rise of the “wen ETH ETF?” It is now speculated that a Bitcoin version exists. Ethereum hit an 18-month high of nearly $2,700 yesterday.

ETH is at $2,568 today, up about 1% from yesterday’s price. However, it rose more than 14% last week and more than 12% last month. The one-year rate of return is approximately 80%. The Ethereum scaling network also showed strength, with Arbitrum (ARB) rising 22% and Optimism (OP) rising 16%.

Rounding out the top five, Binance Coin (BNB) is down less than 2% this week, while Solana is up 2%. Other cryptocurrency bright spots include Tezos (XTZ) and Stacks (STX), both of which have recorded double-digit increases over the past week.

Interestingly, Ethereum Name Service and its ENS token, which are behind the top 100 cryptocurrencies by market capitalization, had their best week yet, up nearly 75% over the past seven days.

Editor: Andrew Hayward

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Mobile App Change Log 7.17.0

October 9, 2025

Building Tomorrow’s Wealth With Tokenized Gold

October 9, 2025

Dreamcash Celebrates 100,000 Waitlist Signups With Exclusive $50k Giveaway Series

October 9, 2025

Ethereum Price at Risk – Bears Lose Momentum Ahead of New Lows

October 9, 2025

Fanable Gets $11.5M To Power The Future Of Pokémon & Collectibles; $COLLECT Token Farming Goes Live Now

October 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025
Most Popular

Gala Film Unveils ‘Film Boosts’ with $FILM Tokens to Boost Fan Engagement

July 14, 2024

AI16Z dives in 35% in 4 days -What kind of merchant fear will be next?

May 18, 2025

Hodler’s Digest, Sept. 15 – 21 – Cointelegraph Magazine

September 22, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.