CRO Price Flies to Monthly High, Bitcoin Stands Close to $109K (Market Watch)
Main Idea
Cryptocurrencies like CRO and LINK experienced significant price surges following news of a proposed Crypto Blue-Chip ETF by Truth Social, while other assets like SOL, XRP, and ETH saw modest gains.
Key Points
1. CRO's price surged over 17% after Truth Social filed with the SEC to launch a Crypto Blue-Chip ETF including BTC, ETH, SOL, CRO, and XRP.
2. CRO's price rose from $0.082 to $0.095, corrected slightly, then surged again to over $0.1, though it later settled at $0.095, still up 15% for the day.
3. SOL, XRP, and ETH saw modest daily gains of 1-2%.
4. Other cryptocurrencies like NEAR, AAVE, XLM, HBAR, and LINK added around 5-6% in value.
5. The total cryptocurrency market capitalization reached $3.440 trillion on CoinGecko, with Bitcoin's dominance over altcoins at 62.9%.
Description
Bitcoin’s rather dull price actions continued in the past 24 hours despite the asset’s brief attempts for a breakout. Several altcoins have posted more impressive gains within the same timeframe, including CRO, which skyrocketed by over 17% at one point, and LINK, which is up by 5%. CRO on the Run Following news that Truth Social, the social media giant operated by the Trump family, had filed with the US SEC to launch a Crypto Blue-Chip ETF, which would include BTC, ETH, SOL, CRO, and XRP, the p...
Latest News
- BNB Sets Another All-Time High, BTC Stopped Ahead of $120K: Market Watch2025-07-28 08:49:19
- XRP Army Under Attack: 4 Reasons Scammers Keep Coming at Ripple2025-07-28 07:53:59
- SUI Breakout Could Lead to $8: Analyst Explains Why2025-07-28 07:29:59
- Big Bitcoin Upsides Predicted After Bullish Weekly Close2025-07-28 06:45:57
- 4 Things That Could Move Crypto Markets in The Week Ahead2025-07-28 06:00:15