**Crypto Market Update: Bitcoin and Altcoins on the Rise**
Bitcoin (BTC) has surged around 9% this week, showing strong buying interest from bulls. Despite hitting resistance near $69,000, buyers seem confident, hinting at further gains. Analysts from QCP Capital suggest that rising U.S. equities and a weakening Japanese yen could boost risk-on sentiment, potentially lifting Bitcoin and other risk assets.
The U.S. SEC's approval of Bitcoin ETF options on NYSE and CBOE is another positive, expected to enhance market liquidity. This bullish trend has also sparked interest in major altcoins like Ether (ETH), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB), all showing signs of potential breakouts.
Stay tuned for more updates as the crypto market evolves.