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Sei (SEI) Faces Bitcoin’s Volatility, Arbitrum (ARB) Leaps Ahead – Who Wins Post-ETF Announcement?

Press Releases Crypto News CryptoDaily UK Sei (SEI) Faces Bitcoin's Volatility, Arbitrum (ARB) Leaps Ahead – Who Wins Post-ETF Announcement?

The recent commotion caused by the premature announcement of the SEC approval of a Bitcoin spot ETF has created a whirlwind of activity among crypto traders and investors. Stemming from a social media mishap on January 9, the incident led to a significant reshuffling in the crypto space: while Bitcoin (BTC) experienced an initial surge to $47,900, the revelation of the news being fake quickly deflated its value to $45,500, resulting in over $140 million in liquidations within hours.

Interestingly, certain altcoins like Arbitrum (ARB) saw a distinct uptick, gaining 13% in the last 24 hours, contrary to the usual pattern of following BTC’s lead. Not all currencies mirrored this success. For example, Sei (SEI) took a different route, dropping almost 11% post its recent rally. But even despite varying reactions to the market’s confusion, both SEI and ARB have had a commendable month, boasting increases of 174% and 82%, respectively. This raises the question: will the altcoin rally maintain its momentum independent of Bitcoin (BTC), especially if the much-anticipated spot ETF approval becomes a reality?

Time and again, we’ve seen BTC’s surges kick off a wave of investments in altcoins, hinting that emerging projects like ScapesMania (MANIA) could also be on the brink of drawing significant attention. MANIA’s presale discounts and additional stage rewards are a golden opportunity for investors aiming to hit it big with a nascent crypto sensation.

While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make ScapesMania the next big thing in crypto. Presale discounts and stage bonuses only add to the project’s appeal.

Presale is Live

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Author: Crypto Daily

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