#ETH With the weakening momentum of US inflation and the increasing expectations of interest rate cuts, the market rebounded. After reaching a new high in mid-March, BTC has been performing weakly. At the beginning of this month, due to changes in the US inflation situation, it once dropped below 60,000. However, with the change in the situation, it is now reclaiming lost ground and rising above 70,000 again.

According to yesterday's data, BTC spot ETF also reversed its decline, injecting nearly 1 billion new funds during the day, temporarily halting the trend of capital outflow.
In addition, other coins including Ether have also seen significant gains. Ether has risen by 19.95% in the past 24 hours, BNB token has risen by 4.94%, Solana has risen by 10%, and Dogecoin has risen by 10.68%.
ETH, which has led the intraday gain, is influenced not only by macro factors but also by its news. The SEC is also urging for the faster update of the Ethereum ETF application documents. The last BTC ETF was also implemented directly after the update. Some people pointed out that ETH may still not be able to be listed quickly due to a key process that may be delayed by the Americans. However, things are not so pessimistic because the applicant may take legal action after being rejected. This will reignite hope for the listing of the Ether ETF. Currently, the final outcome still depends on the results on the 23rd.
#BTC #比特币 #ETH #以太坊