🚀Crypto market cap hits $2.57T! Bitcoin (BTC) trades at $68,390, marking a 312% rise since 2022's lows. This surge may be due to positive sentiment from new ETF approvals. 📈
US regulators approved multiple Ethereum (ETH) ETFs last week. These ETFs could increase the money flowing into the crypto market and create a supply shock, potentially leading to an ETH bull run. 🐂
Meanwhile, BTC supply was halved in April, often a precursor to a price increase. However, high interest rates may have deterred investors.
Top gainers include Notcoin (NOT) with a 26% increase, Celestia (TIA) up 15%, and Chiliz (CHZ) up 11%.
What are your thoughts on these developments? Share in the comments! 💬