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The recent launch of the Bitcoin (BTC) ETFs had a ripple effect on the positive growth trajectory of major cryptos in the crypto market like Shiba Inu (SHIB) and Ethereum (ETH). This has created a viable environment for smaller cryptos to thrive.

Investors are rushing to invest in these cryptos and also considering newer potentially profitable projects like Raffle Coin (RAFF). Keep reading to find out why Raffle Coin (RAFF) is sparking 100X excitement as Bitcoin (BTC), Shiba Inu (SHIB) and Ethereum (ETH) experience price surges.

Bitcoin (BTC) Hits New Milestone Before The Upcoming Halving Event

As of March 4, 2024, the total Bitcoin (BTC) market capitalization reached $1.29 trillion. On the same day, Bitcoin (BTC) experienced a 6% surge, reaching over $67,500. The recent upward growth of the Bitcoin (BTC) token is primarily fueled by the positive performance of spot Bitcoin (BTC) ETFs which were introduced earlier in the year.

The ETFs now manage nearly $50 billion in assets and own 4% of all BTC tokens. Crypto analysts have also noted that investors’ optimism surrounding the debut week of the Bitcoin (BTC) halving event has also contributed to Bitcoin’s recent momentum.

Shiba Inu (SHIB) Impresses Investors with Its Recent Price Surge

Shiba Inu’s recent price surge is mirroring overall market patterns by surpassing previous Shiba Inu (SHIB) resistance levels and attracting substantial trading volumes. This has prompted investors to raise questions about the Shiba Inu (SHIB) token’s growth potential direction in the upcoming weeks.

In the first week of March 2024, Shiba Inu (SHIB) experienced an astronomical 112% increase. This recent growth trajectory of Shiba Inu (SHIB) has showcased the strength and profit potential of the Shiba Inu (SHIB) token to investors.

Ethereum (ETH) Experiences Growing Momentum Due to Recent Ecosystem Developments

Ethereum (ETH) has gained nearly 65%

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Author: Crypto Daily

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