Solana, Dogecoin Hit Weekly Lows as Bitcoin Slows Pace

[Markuri33]

Bitcoin is down today despite an impressive run. Altcoins have taken a bigger hit. Over the last week, Bitcoin appeared to have kickstarted a fresh bull run: as of yesterday, the market’s leading cryptocurrency was closing in on the $60,000 mark—a high it last hit back in April. But today things have slowed down: Bitcoin is down 3.2% in the past 24 hours, according to CoinGecko, and was trading at $55,937 at the time of writing. Bitcoin was doing so well, some analysts say, because of an imminent Bitcoin futures ETF approval. The SEC has previously dragged its heels with the approval of a Bitcoin ETF, but now industry experts say one that tracks futures contracts could be approved next week.more