#AltcoinETFsPostponed
Altcoin Market Update: XRP, DOGE, and Avalanche Record Similar Declines After SEC Delays ETF Decision
Top altcoins with ongoing ETF applications experienced a simultaneous decline after the U.S. SEC delayed its decision on spot ETF applications related to several altcoins.
Meanwhile, Bloomberg's senior ETF analyst, Eric Balchunas, confirmed that the XRP ETF delay is procedural, and market insights indicate restless responses among short-term traders.
According to Coingecko data, XRP, Dogecoin (DOGE), and Avalanche (AVAX) each recorded comparable losses in the last 24 hours.
XRP, which previously surged to $2.30, fell 4.4% to $2.18 at the time of this news, still showing volatility related to the ETF decision delay.
