On Wednesday, the market was buoyed by the SEC’s announcement approving Bitcoin ETFs from industry giants BlackRock (NYSE:BLK) and Fidelity. This news initially sent Bitcoin’s price soaring. However, the gains were short-lived as the announcement was temporarily retracted from the SEC’s website, leading to Bitcoin’s price correction to around $45,000.
The following day, Thursday, Bitcoin’s price continued to show signs of volatility, peaking at $49,000 before slipping below the $46,000 mark. In the midst of Bitcoin’s price movements, Ripple‘s XRP also made headlines as its wallet count surpassed the 5 million mark, reflecting growing user adoption.
In addition, the market saw a notable performance from Solana-based meme coins. WIF experienced a significant surge following its listing on the Bybit exchange platform, while MYRO’s market capitalization crossed the $100 million threshold.
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