{"id":474117,"date":"2021-10-19T13:51:30","date_gmt":"2021-10-19T13:51:30","guid":{"rendered":"https:\/\/uniquehot.com\/?p=474117"},"modified":"2021-10-19T13:51:57","modified_gmt":"2021-10-19T13:51:57","slug":"etf-approval-drives-bitcoin-towards-all-time-high-at-65k-crypto-weekly-roundup-october-18-2021","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/trade\/etf-approval-drives-bitcoin-towards-all-time-high-at-65k-crypto-weekly-roundup-october-18-2021\/","title":{"rendered":"ETF approval drives Bitcoin towards all-time high at $65K – Crypto Weekly Roundup, October 18, 2021"},"content":{"rendered":"

New eToro additions Polkadot and Solana lead altcoin rally with double-digit gains<\/strong><\/em><\/p>\n

\u00a0<\/em>Bitcoin has soared above $60K, getting tantalizingly close to all-time highs on reports that the first Bitcoin futures exchange-traded fund<\/a> (ETF) has been approved by the U.S. Securities and Exchange Commission (SEC).<\/p>\n

This bombshell blasted Bitcoin<\/a> 8% higher over the last week, boosted further by Russian President Vladimir Putin<\/a> who told CNBC on Wednesday that he believes crypto has value. Meanwhile, JPMorgan CEO Jamie Dimon<\/a> took the opportunity to assert his own view that “Bitcoin is worthless\u201d, two weeks after his bank released a note that said institutions are replacing gold with Bitcoin<\/a>.<\/p>\n

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Elsewhere, recent eToro additions Polkadot<\/a>, Polygon<\/a>, and Solana<\/a> pushed ahead of the market with double-digit gains all round. Shiba<\/a> fell down in exhaustion with 11% weekly losses after a mega rally, and Dogecoin<\/a> made a half-hearted attempt to catch up with 4% gains.<\/p>\n

This Week\u2019s Highlights<\/h3>\n