Bitcoin (BTC) is trading near $120,000 on Friday after reaching a seven-week high of $120,960 the previous day. Altcoins, including Ethereum (ETH) and Ripple (XRP), are holding near their respective weekly highs, reflecting steady demand from both institutions and retail investors.
Bitcoin (BTC) stabilizes above $118,000 at the time of writing on Thursday after rallying over 5% so far this week. The upward trend strengthens as market participants price in an over 99% chance that the US Federal Reserve (Fed) would lower borrowing costs on October 29.
REX Shares and Osprey Funds have rolled out the first US-listed spot ETFs for Dogecoin (DOGE) and XRP on the Cboe exchange, trading under the tickers DOJE and XRPR, respectively.