Celestia (TIA) witnesses a 22% surge, Aptos (APT) and Stacks (STX) up by 14% and 11% respectively.
Celestia (TIA): A Stellar 22% Rise
Altcoins, including Celestia (TIA), Aptos (APT), and Stacks (STX), show double-digit gains within 24 hours amid Bitcoin's potential recovery from a recent flash crash.
Altcoins Rally Amid Bitcoin's Recovery
As Bitcoin strives for a quick rebound after Wednesday's flash crash, altcoins like Celestia (TIA), Aptos (APT), and Stacks (STX) take the lead with impressive double-digit surges.
Top Gainers: TIA, APT, STX Shine Today
Celestia (TIA) gains 22%, Aptos (APT) rises by 14%, and Stacks (STX) sees an 11% increase, positioning them as top gainers on the current market scene.
Market Optimism Surrounds Altcoins
Anticipation of the US SEC approving the first spot Bitcoin ETF fuels positive market sentiment, boosting Celestia (TIA), Aptos (APT), and Stacks (STX) to noteworthy highs.
Spot ETF Approval Speculation Fuels Altcoin Surge
Analysts predict a potential crypto market upswing following positive outcomes from the SEC regarding spot Bitcoin ETFs. Market dynamics suggest a bullish trend amidst ongoing regulatory developments.
SEC Meetings Fuel Speculation
The SEC engages with stock exchanges to finalize comments on form 19b-4s submitted by spot ETF issuers. Market participants eagerly await the regulator's decision.
Regulator's Nod Expected Soon
Speculation rises on potential SEC approval for applicants like BlackRock, Fidelity, Ark Invest/21 Shares, and Grayscale by January 5. Goldman Sachs explores becoming an authorized participant in collaboration with BlackRock.
Bitcoin Inches Up Amid Market Dynamics
Bitcoin experiences a nearly 2% gain within 24 hours, trading above $43,400 as market attention focuses on potential ETF approvals.