Bitcoin Vs Ether, Shiba Inu, Dogecoin: Which is The Winner?
The crypto market seemed resilient in the past week.
On Friday, Asset manager ProShares filed a renewed plan for the Bitcoin Strategy ETF with the SEC. They expect to trade under the symbol BITO. Unexpectedly, Bloomberg has already attached it to its data feed.
Bitcoin after the ETF New: for the first time since the beginning of April, the most widely exchanged crypto, Bitcoin, reached the $61,000 resistance.
At the end of the day, on Oct. 10, Bitcoin seemed moving back and forth after reaching $54,771.59. It happened before the ETF news. Until Saturday, the crypto added around 12%. On Sunday, Bitcoin rose to its high of $61,338.26 but has changed a little since then.
Ether Keeps its speed With its Peer: Ether had a safe outing in the week among the altcoins. From $3,425.86 on Oct. 10, Ether started the week on a solid record, adding 3.6% on Monday but drew back on Thursday. After rising until Friday, Ethereum was strengthening on Saturday. Between Oct. 10 and 16, the crypto has increased about 11.7%.
Doge On a Rest: this week, Dogecoin missed picking up average momentum. From $0.2299 on Oct. 10, it rose on Monday and ended at $0.2317. It dropped as low as $0.2164.
On Tuesday, Doge seemed to pull back under the 24-cent barrier and improved the level this week. This currency managed to make a decent gain of 3.4% this week.
Shiba Inu after a Flat Week: another meme currency after Doge, Shiba Inu, has also experienced a flat week. It ended on Oct. 10 at $0.000027, but on Monday, it increased to a high of $0.000035 before ending the session at $0.000032. On Tuesday, the currency moved back to $0.000028 and closed at the same level on Wednesday.
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