{"id":184549,"date":"2023-10-31T21:02:49","date_gmt":"2023-10-31T15:32:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184549"},"modified":"2023-10-31T21:02:49","modified_gmt":"2023-10-31T15:32:49","slug":"bitcoin-dips-as-etf-hype-fades-xrp-solana-and-toncoin-surge-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-dips-as-etf-hype-fades-xrp-solana-and-toncoin-surge-crypto-news\/","title":{"rendered":"Bitcoin Dips as ETF Hype Fades\u2014XRP, Solana and Toncoin Surge &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Bitcoin is down today but other top digital assets have surged overnight.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The biggest cryptocurrency by market cap has dipped 1.5% in the past day at the time of writing, trading for $34,254 per coin, CoinGecko data shows.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Bitcoin is still up significantly from the start of the month, when it was priced at $27,189. Hype around a Bitcoin exchange-traded fund (ETF) hitting Wall Street has led to an increase in interest in the asset, with institutions pouring money into the space.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">In fact, asset manager CoinShares said in a report yesterday that digital asset investment products saw inflows of $326 million last week\u2014the largest single week of inflows since July 2022.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">But this week, it&#8217;s still alt coins that are on a roll.<\/p>\n<div class=\"text-left p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\" \/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\" \/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl mb-6 md:text-center gg-dark:text-white\">Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">XRP was priced at $0.60\u2014a nearly 7% 24-hour rise, making it one of the best performing top altcoins.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The fifth biggest digital asset by market cap is still far below the high of $0.82 it touched in July after a ruling from a federal judge partially sided with Ripple Labs over the Securities and Exchange Commission.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">While Toncoin (TON) also shot up in the past 24 hours, coming in at $2.23, a jump of over 5%. The native cryptocurrency of The Open Network, TON has made significant gains since messaging app Telegram launched a self-custodial digital wallet for its users.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">And Solana (SOL), the eighth biggest digital asset by market cap, is still continuing to climb. It&#8217;s currently priced at $36.30, a nearly 5% 24-hour gain.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">While meme coins like Pepe <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/203669\/bitcoin-rally-cools-solana-xrp-pepe\" class=\"sc-adb616fe-0 ePvUAp\">appear to be making<\/a> a comeback, the biggest dog coins\u2014Shiba Inu (SHIB) and Dogecoin (DOGE)\u2014are down over 2% each.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">SHIB developers launched a new identity protocol in August but it <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/151160\/shib-developers-aim-leave-meme-coin-label-behind-new-identity-protocol-launch\" class=\"sc-adb616fe-0 ePvUAp\">got off<\/a> to a rocky start and the asset has slowly plunged since then.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><i>Edited by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decrypt.co\/author\/stacy\" class=\"sc-adb616fe-0 ePvUAp\">Stacy Elliott<\/a>.<\/i><\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-left p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\" \/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\" \/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl mb-6 md:text-center gg-dark:text-white\">Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is down today but other top digital assets have surged overnight. The biggest cryptocurrency by market cap has dipped 1.5% in the past day at the time of writing, trading for $34,254 per coin, CoinGecko data shows. Bitcoin is still up significantly from the start of the month, when it was priced at $27,189. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":184550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-184549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184549"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184549\/revisions"}],"predecessor-version":[{"id":184552,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184549\/revisions\/184552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184550"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}