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RE: SEC reviews Bitcoin ETF application, Bitcoin spikes
I think that the FOMO generated by XRP caused most of the spikes in the crypto markets recently. BTC also and I think that this might have been the first time in history when an alt caused BTC to spike and not vice versa. Just my humble opinion.
Could be, though I doubt XRP had much to do with it. I tend to think that XRP only rallied as much as it did because the markets have turned decidedly more bullish as of late. If XRP had the same news a few weeks ago I think the price action is much more muted.