GBTC - Bitcoin Bounces Back — Dogecoin Ethereum Rise As Spot ETF Hopes Get Revived: Analyst Predicts Eventual Rebound To $57K For King Crypto | Benzinga
Bitcoin rebounded over the $44,000 level on Thursday after the cryptocurrency valuations plummeted a day earlier. The global cryptocurrency market cap rose nearly 1% to $1.66 trillion at the time of publishing.
Filings by Grayscale and VanEck once again ignited hopes for the approval of a Spot ETF by the U.S. Securities and Exchange Commission. The Grayscale Bitcoin Trust (OTC:GBTC) filed a Form 8-A registration with the U.S. regulator on Thursday. It was noted by Walter Bloomberg that such filings indicated an advancement of applications.
The Crypto Fear & Greed Index, a measure of emotions and sentiments, flashed Greed with a value of 72 at the time of publishing. A value of 0 on the index indicates "Extreme Fear" while 100 represents "Extreme Greed."
Top Gainer (24-Hours)
Cryptocurrency Gains +/- Price (Recorded at 9.37 p.m. EST)
Celestia (TIA) +21.7% $15.24
Aptos (APT) +17.41% $10.54
Terra Classic (LUNC) +15.71% $0.00013
Meanwhile, other risk assets such as stock futures were seen inching higher ahead of a key jobs report on Friday. On Thursday, the Dow closed 0.03% higher, while the tech-heavy index fell 0.56% in regular trading.
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