⚡ On Binance, Bitcoin surged to $68,550, marking an 8% increase over the past week. Its market capitalization has reached $1.3 trillion, with trading volumes climbing by 59%. 📈
⏳ Breaking through the $67,500 level is expected to drive further price growth. However, market volatility may arise this week due to token unlocks from Pyth Network and Avalanche, as well as Nvidia’s upcoming earnings report.
The cryptocurrency market is buoyed by speeches from the U.S. Treasury Secretary, the Federal Reserve Chair, and BlackRock executives. Meanwhile, the SEC is unlikely to approve VanEck’s application for a spot Ethereum ETF due to ongoing investigations and concerns. A decision from BlackRock on an Ethereum ETF is expected in August.