SEC Approval of Multi-Crypto ETF Fails to Boost Prices, Investors Favor Layer 1 Blockchains
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币界网报道：The SEC's approval of multiple Bitcoin ETFs failed to significantly boost crypto prices as investors shifted focus toward Layer 1 blockchains like Solana and Avalanche. While Bitcoin briefly rallied post-approval, prices quickly retreated, with BTC dropping below $43,000. Analysts note the "sell-the-news" reaction reflects market expectations already priced in. Meanwhile, Layer 1 tokens outperformed, with Solana's SOL rising 8% and Avalanche's AVAX gaining 12%, as traders rotated capital into altcoins. The muted ETF impact suggests institutional adoption may unfold gradually rather than trigger immediate price surges. Market watchers now
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