{"id":473541,"date":"2021-10-12T11:53:50","date_gmt":"2021-10-12T11:53:50","guid":{"rendered":"https:\/\/wncen.com\/?p=473541"},"modified":"2021-10-12T11:55:20","modified_gmt":"2021-10-12T11:55:20","slug":"bitcoin-eclipses-trillion-dollar-market-cap-on-equity-etf-approval-crypto-weekly-roundup-october-11-2021","status":"publish","type":"post","link":"https:\/\/wncen.com\/trade\/bitcoin-eclipses-trillion-dollar-market-cap-on-equity-etf-approval-crypto-weekly-roundup-october-11-2021\/","title":{"rendered":"Bitcoin Eclipses Trillion-Dollar Market Cap on Equity ETF Approval – Crypto Weekly Roundup, October 11, 2021"},"content":{"rendered":"

Shiba Inu Token runs ahead with 100% gains<\/h3>\n

Bitcoin<\/a> has surpassed $56K, reclaiming its trillion dollar market cap as the U.S. treasury
\nrules out minting a
platinum coin<\/a> of the same value.<\/p>\n

The move higher comes on a raft of positive news: the U.S. Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) giving exposure to companies holding crypto,<\/a> the investment firm founded by billionaire George Soros<\/a> has revealed a Bitcoin allocation, and Brazil is following El Salvador<\/a> by preparing a bill that will make the cryptoasset a recognized currency.<\/p>\n

\"\"<\/p>\n

All this action has put Bitcoin center stage with over 15% weekly gains, but several altcoins have also put on a wild performance. Shiba Inu<\/a> doubled in price and Stellar<\/a> added 8% on a new partnership with MoneyGram<\/a>. Meanwhile, Tezos<\/a> gave back recent gains by sinking 14%.<\/p>\n

This Week\u2019s Highlights<\/strong><\/p>\n