Shiba Inu Token runs ahead with 100% gains
Bitcoin has surpassed $56K, reclaiming its trillion dollar market cap as the U.S. treasury rules out minting a platinum coin of the same value.
The move higher comes on a raft of positive news: the U.S. Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) giving exposure to companies holding crypto, the investment firm founded by billionaire George Soros has revealed a Bitcoin allocation, and Brazil is following El Salvador by preparing a bill that will make the cryptoasset a recognized currency.
All this action has put Bitcoin center stage with over 15% weekly gains, but several altcoins have also put on a wild performance. Shiba Inu doubled in price and Stellar added 8%