$BTC $ETH #BTC #ETH
Bitcoin is currently experiencing relative stability after a strong surge that pushed it above $63,000. The most notable news is the continued flow of investments into Bitcoin ETFs, reflecting increasing institutional interest. Markets are also awaiting statements from the US Federal Reserve regarding interest rates, as they may directly impact the movement of cryptocurrencies.
Conversely, there have been massive withdrawals from trading platforms, indicating investors' intention for long-term holding. Technically, Bitcoin is holding above significant support levels, which boosts optimism for further upward movement. Traders are also monitoring market performance after the recent halving and its impact on supply and demand.
