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Large-cap cryptos following bitcoin’s lead as SOL, LINK entice traders
Several large-cap cryptocurrencies are benefiting from the bitcoin-led rally this week, with notables LINK and SOL rising to the top
After a period of market uncertainty, several large-cap cryptos are flashing signs of a comeback.
The surge is being led by bitcoin (BTC) and ether (ETH) along with other noteworthy digital assets on the back of heightened interest surrounding possible ETF approval next year.
“After the SEC declined to appeal its loss to Grayscale in the circuit court, an approval of a physically-backed BTC ETF in the US became increasingly more likely,” CoinShares head of research James Butterfill said in a statement to Blockworks.
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