- Bitcoin (BTC) Breaks $80,000 – Bitcoin surged past $80,000 this week, marking a new all-time high, driven by strong institutional inflows and ETF demand.
- Ethereum (ETH) Nears $5,000 – Ethereum followed the bullish trend, approaching $5,000 amid speculation about potential ETF approvals and growing DeFi adoption.
- Institutional Investors Pile In – Major financial firms, including BlackRock and Fidelity, continue expanding their crypto exposure, with Bitcoin spot ETFs seeing record inflows.
- Halving Effect in Play? – Bitcoin’s recent supply halving (April 2024) is now showing its long-term impact, reducing sell pressure and boosting scarcity narratives.
- Regulatory Clarity Boosts Confidence – The U.S. SEC’s clearer stance on crypto regulations and potential Ethereum ETF approvals are fueling optimism.