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COINTURK NEWS > Altcoin News > SEC Approves Spot Ethereum ETF
Altcoin News

SEC Approves Spot Ethereum ETF

In Brief

  • The SEC approved the spot Ethereum ETF, removing a significant uncertainty.

  • MINA rose 2.77% in the last hour, reaching $0.8215.

  • ONDO's price increased to $1.02 after a 2.77% rise in the last hour.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The highly anticipated decision on the spot Ethereum ETF has been announced. The SEC approved the spot ETH ETF, removing a significant uncertainty. This event followed the spot Bitcoin ETF approval on January 10. What is happening in the markets after the ETF news? Here are the top-performing cryptocurrencies in the last hour.

Contents
Mina’s Current PriceONDO Coin RisesJasmyCoin Price Outlook

Mina’s Current Price

After the spot Ethereum ETF news, attention turned to Ethereum’s price. Just before the approval, ETH’s price briefly touched $3,500 but quickly recovered. The price has since returned to above $3,800.

Meanwhile, investors were also tracking the movements of altcoins. According to the Coinmarketcap list, the top-performing cryptocurrency in the last hour was MINA, with a 2.77% increase.

Following the rise, MINA is at $0.8215. MINA’s 24-hour price increase is 2.20%, and more importantly, its 7-day gain is 4.62%.

ONDO Coin Rises

ONDO has been one of the frequently mentioned cryptocurrencies recently, especially with the prominence of RWA tokens. Following the ETF approval, ONDO, along with MINA, became one of the top gainers. The altcoin’s price rose to $1.02 after a 2.77% increase in the last hour.

The 24-hour rise reached 7.66%, and the 7-day increase was 20.39%, showing it as one of the strongest-performing cryptocurrencies this week.

ONDO’s market cap surpassed $1.4 billion following the rises. Additionally, its 24-hour trading volume exceeded $310 million.

JasmyCoin Price Outlook

In the third position on the list is another cryptocurrency within the top 100. JASMY is trading at $0.02085 after a 2.46% price movement in the last hour. Unlike its peers, it experienced a 1.38% drop in the last 24 hours.

JASMY’s 5% rise in the last 7 days indicates that investors were generally happy throughout the week.

JASMY’s market cap surpassed $1 billion this week, while its 24-hour trading volume reached $114 million. JASMY is ranked 84th on the CMC list.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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