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Share link:In this post: Bitcoin is trading around $67,774 and needs to break through the $68,236 resistance level to make for $70,000. The trading of Ethereum ETFs could boost market sentiment and drive BTC’s price higher. Institutional interest and bullish market indicators show strong support, making $70,000 a plausible target.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strong
Share link:In this post: Eight major financial institutions are launching spot Ethereum ETFs tomorrow at the opening bell. The ETFs could drive up the price of Ethereum, but the market might see increased volatility and potential sell pressure from Grayscale’s trust.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qual
CoinShares highlighted the digital asset market’s positive trend, with signicant inflows and increased trading volumes for ETPs.
- 15:19BTC Surpasses $104,000Market data shows that BTC has surpassed $104,000, currently reported at $104,003.52, with a 24-hour increase of 0.46%. The market is quite volatile, so please ensure proper risk management.
- 15:16Casa Co-Founder: The only way to slow down Strategy's accumulation of BTC is for other entities to adopt the same strategy and push it out of the marketJameson Lopp, co-founder of Bitcoin custody company Casa, stated on the X platform that the only way to slow down Strategy's accumulation of Bitcoin is to encourage other entities to adopt the same strategy and push it out of the market. Similarly, the only way to slow down "junk information" within Bitcoin blocks is to encourage more independent use of Bitcoin to increase the price of block space and exclude low-value use cases.
- 15:15Important Events and Data Preview for Next Week: US April CPI Data to be Released on TuesdayImportant Events and Data Preview for Next Week: Monday: Speeches by Federal Reserve Governor Kugler and others; Tuesday: U.S. April CPI data; Thursday: U.S. Initial Jobless Claims for the week; U.S. April PPI data; 2027 FOMC voting member, San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference; Friday: U.S. May one-year inflation rate expectation preliminary value; Saturday: Speeches by Federal Reserve's Barkin and Daly. (Jin10)