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Bitcoin and Ether fell during Friday afternoon trading in Hong Kong, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin and Ether both remained below key support levels, as investor sentiment failed to pick up even after the Securities and Exchange Commission (SEC) accepted eight spot Bitcoin exchange-traded fund (ETF) applications for review.,<\/em><\/p>\n See related articles:<\/em><\/strong> Weekly Market Wrap: Bitcoin rises past US$31,000, cryptos rally after Ripple’s win against US SEC<\/a><\/p>\n Bitcoin was little changed during afternoon trading in Asia, changing hands at US$29,806 as of 4:30 pm in Hong Kong after it fell below the US$30,000 mark yesterday.<\/p>\n Ether inched down 0.21% during afternoon trading in Asia to US$1,891, and declined 5.47% during the past week.<\/p>\n The SEC has accepted eight ETF applications for review after they were published<\/a> in the Federal Register on Wednesday. But this failed to bolster risk appetite among crypto investors.<\/p>\n “The SEC has now approved the ETF applications from BlackRock, VanEck, Invesco, Fidelity, WisdomTree, and Bitwise,” wrote crypto intelligence firm K33 Research, in a note shared with To install Forecast.<\/em><\/p>\n Dogecoin was the day’s biggest gainer, rising 3.81% in the past 24 hours to US$0.07168, followed by Polygon’s Matic token<\/a> that strengthened 2.64% to US$0.7634.<\/p>\n Solana’s Sol token<\/a> was the biggest loser in the top 10, falling 3.45% to US$25.27.<\/p>\n The total crypto market capitalization over the past 24 hours fell 0.31% to US$1.2 trillion while market volume increased 11.26% to US$35.97 billion, according to CoinMarketCap<\/a> data.<\/p>\nBitcoin, Ether fall below key levels, top 10 cryptos mixed<\/h3>\n
Bitcoin drops to 7th largest network by NFT sales volume, Ethereum NFT sales fall for third day<\/h3>\n