When do you think the #Bitcoin spot ETF will be officially approved by the SEC⁉️📈
anonymous poll

Early 2024 – 22
👍👍👍👍👍👍👍 49%

Before 2024 – 18
👍👍👍👍👍👍 40%

Other (comment below 👇) – 5
👍👍 11%

👥 45 people voted so far.

🔊Weekly Market Highlights #69: October 23 - October 29

✨Influenced by ETF expectations, BTC price last week had a remarkable growth to its highest level in 1.5 years, bringing many Altcoins up following the new wave of news.

✨However, these tend to be periods where the price fails to excite continuously, but rather, market participants are evaluating their current standings and predicting what might happen next.

✨Over the past week, the crypto market increased by ~$107B (from ~$1,165B to ~$1,272B) of its total capitalization.

✨BTC Reaches Highest Price in 18 Months
✅On the morning of October 24, 2023, BTC experienced a sudden surge, spiking nearly 10% in value within one hour, soaring from USD 31.6K to $34.7K. This marks the highest price point recorded by the world's leading cryptocurrency since the onset of May 2022 - roughly coinciding with the LUNA - UST collapse.

✅BTC attempted to push the price, but it could not sustain the upward pressure and retraced to levels currently trading at around $34.2K. The price has been going through a steady consolidation over the past few days after rising to $35K.

✨The green color is filled with Altcoins
✅Most of the altcoins are also trading in the green. On a weekly scale, there are many names with outstanding price increases such as ICP (20%), NEAR (17%), INJ (45%), GRT (22%), NRDR (27%), AXS (26%) , MINA leads the top 50 Altcoins with a 55% increase

✅Tokens leading the meme trend also grew well, with PEPE (55%), Floki (28%), SHIB, and DOGE both increasing by 9%.

✅BSCS is trading at $0,009487, +15,21% from its 7-day all-time low of $0,008235.

✅Total market capitalization excluding BTC is currently ~570B

✨Crypto Fear and Greed Index is 68 - Greed, higher than at the beginning of the week (53)

✨ Dominance:
✅BTC: 53.0%
✅ETH: 17.0%

📣October ended brilliantly, let's look forward to an explosive November with the crypto market and BSCS😎

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

Top-11 #BNB Chain Ecosystem #PJTs by #Undervaluation Index (UI*)

#UI is a Market Cap to 24H Trading Volume ratio. The lower the UI, the more the PJT is undervalued.

$UNFI $CYBER $LOOM $BAKE $HAM $HOOK $MASK $GMT $RACA $BSCS $WIN

https://twitter.com/Cryptolaxy/status/1719351225940885609/photo/1