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Market Reacts to Biden Dropping Out of Race, Exchanges Receive Approval to List ETH ETFs

Jul 22, 2024
Author
Sean Farrell
Sean Farrell AC

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Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says

CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE SPY 0.97%  AND QQQ 1.40%  BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY N/A% AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC -0.16% is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH -0.88% is trading at $3,450 ahead of potential S-1 approval after...

BONK -3.56% BTC -0.16% DXY N/A% ETH -0.88% JUP -8.65% QQQ +1.4% SOL 0.02% SPY +0.97% WIF 6.27%
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CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. BTC -0.16% once again challenged the $65k level and is currently sitting just below it, following the ninth consecutive day of net inflows for BTC -0.16% ETFs. ETH -0.88% is showing outsized strength, likely due to ETF issuers filing their final documents yesterday afternoon, with the ETF launch expected on Tuesday (more on...

BTC -0.16% ETH -0.88% ETHBTC JUP -8.65% SOL 0.02% USDT -0.02% WIF 6.27%
Bitcoin rises back toward record as first related U.S. ETF begins trading

CRYPTO MARKET UPDATE U.S. EQUITIES ARE MOVING SHARPLY LOWER AMID CHINA TRADE FEARS AFTER THE BIDEN ADMINISTRATION STATED IT'S CONSIDERING IMPOSING SEVERE RESTRICTIONS ON CHIPMAKERS IF CHINA CONTINUES RECEIVING ACCESS TO ADVANCED SEMICONDUCTOR TECHNOLOGY. The SPY 0.97%  has dropped below $560 while the QQQ 1.40%  is showing more pronounced losses, falling to $484. Crypto is relatively flat, with BTC -0.16% trading near $65k. Bitcoin ETF flows continue their positive streak, posting the eighth...

BTC -0.16% ETH -0.88% FIL -1.26% LDO -2.47% LPT -4.13% NEAR -2.23% QQQ +1.4% RNDR -1.41% SPY +0.97% TAO -4.59% WLD -0.60%
Bitcoin could soar an additional 38% after topping its record high of $65,000, according to Fairlead's Katie Stockton

CRYPTO MARKET UPDATE AS EXPECTED, BTC -0.16% AND THE WIDER CRYPTO MARKET MOVED LOWER ON THE NEWS THAT THE MT. GOX TRUSTEE HAD TRANSFERRED BTC -0.16% OUT OF THE TRUSTEE WALLETS TO PARTNER EXCHANGES. However, the market has since rebounded, with BTC -0.16% pushing $65k after touching $62.5k in the early morning hours. ETH -0.88% has also rallied, though it is slightly lagging despite the upcoming launch of ETH -0.88% ETFs next Tuesday. ETF flows...

AR -5.42% BCH 0.26% BONK -3.56% BTC -0.16% ETH -0.88% ETHBTC PEPE 2.13% SOL 0.02% WIF 6.27% XRP 4.04%

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