🌐 Cryptocurrency market overview
💸BTC has updated the high. It is important to note that ETH did not update, yesterday I mentioned that the likelihood of ETH ETF approval in May has dropped significantly. Speculation about this in the press has increased and there is now a growing discussion that the ETH ETF will not be approved at all this year. While the story is probabilistic and as was the case with the BTC ETF, rumours will swing the market back and forth.
🔸 BNB surprised last Thursday by making 50%. It touched $600 and pulled back. Will ATH (absolute high) $691.8 be taken? About 20% left to overhigh if you count from current. Doesn't look like something unrealistic. And despite CZ's departure and the efforts of US regulators, Binance's dominance among CEX remains.