Bitcoin is unchanged at $44,000 on Wednesday after a move of roughly 15% in the last 72 hours. Altcoins have been moving higher, indicating a speculative surge.

Avax, the AVAX token from Avalanche, is among the top cryptocurrencies. Its 17% gain made it the market leader for those with a value of over $1 billion. The token’s price nearly doubled in November.

It’s up by 42% the day after a href=”https://twitter.com/helium/status/1732170015120470095?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1732170015120470095%7Ctwgr%5Eae2c8174057534c570125142af45829ab The stock is up 42% the day after announced that the company launched a mobile plan in the U.S. for $20 per month with unlimited texts, data and calls.

DOGE Price Index and Live Chart – CoinDesk”>(DOGE), which is ahead 11% over the past 24 hours to rise past $0.10 for the first time since April.

Read more: Solana hype bumps BONK to third-largest dog token, behind DOGE, SHIB

Craig Erlam is a senior analyst with OANDA. He said, “The bitcoin rally was quite extraordinary by bitcoin standards. It highlights the excitement of the community over the prospect that an ETF will be approved.” Erlam also said that lower expectations of interest rates have helped cryptocurrency’s growth, but he believes the ETF hype has been the primary driver.

Stephen Alpher edited the book.