Here's Why Aptos Surged More Than 20% Today
The start to 2024 has been anything but boring for cryptocurrency investors.
After the market surged to start the year, a sell-off over the past couple of days tied to regulatory concerns around the expected approval of spot exchange-traded funds (ETFs) shook investor confidence. The market has recovered today, with all cryptocurrencies appreciating nearly 4% over the past 24 hours. And Aptos (CRYPTO: APT) has taken the top spot as the leading gainer in the market among top-30 cryptos, surging 21% over the past 24 hours, at 2:30 p.m. ET.
Broader enthusiasm around an influx of institutional capital appears to be driving interest in the broader sector today. However, there's a specific catalyst investors appear to be zeroing in on when it comes to Aptos. Let's dive into what that is.
Source Fool.com
