ETH ETFs Get the Greenlight, Flows Remain Net Bullish
Reports you may have missed
CRYPTO MARKET UPDATE DESPITE MAY PCE DATA COMING IN LINE WITH EXPECTATIONS AT 0.0% MOM, U.S. TREASURY YIELDS ARE MOVING HIGHER ACROSS THE CURVE, AND THE DXY IS HOLDING STEADY AT $105.8. Equity indices are flat on the day in the final trading session of Q2. Crypto is showing weakness, with BTC 1.35% declining to $60.7k and ETH -0.15% falling below $3,400. After surging upon news of VanEck filing for a Solana...
We are finally starting to see some relief in interest rates and the DXY N/A% following yesterday's FOMC meeting and the Treasury's quarterly refunding announcement. BTC 1.35% has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while ETH -0.15% is attempting to break through $3k resistance. SOL 4.03% has outperformed, gaining 10% compared to BTC yesterday and is now trading just below $140. The market is showing decent breadth...
