Fantom Rallies 10% as Rest of Market Stays Quiet Ahead of Bitcoin ETF Launch

[Jaya60]

Fantom's bull run has raised the token's price by 13,000% this year. The price of Ethereum competitor Fantom has surged 10% overnight. Fantom’s rise is bucking the trend: other top cryptocurrencies have stagnated following a week of market-wide growth ahead of the launch of the U.S.’s first Bitcoin Futures ETF tomorrow.

The ProShare Bitcoin Futures ETF marks the first time a cryptocurrency ETF has been approved by the United States Securities and Exchange Commission. Bitcoin rose by 10% in the past week to $60,804 but hasn’t budged much over the weekend.

Fantom continues to blaze its own path. At $2.23, Fantom (FTM) is still 22 cents shy of its nine day old all-time high of $2.45. It’s the only top fifty cryptocurrency to post significant price movement today.more information