### **Bitcoin Stabilizes Amid Market Volatility**
Bitcoin (BTC) is trading just above **$60,000** today, showing resilience despite recent market fluctuations. Analysts suggest that institutional interest and macroeconomic factors are helping to sustain BTC’s price floor.
Meanwhile, Ethereum (ETH) is hovering around **$2,900** as traders await the SEC’s decision on spot Ethereum ETFs, expected later this month. Approval could trigger a major rally, while rejection may lead to short-term declines.
### **Altcoin Watch: Solana and XRP Show Strength**
- **Solana (SOL)** surged **5%** amid growing DeFi activity on its network.
- **XRP** gained **3%** as Ripple’s legal battle with the SEC nears a critical phase.
- **Memecoins like DOGE & SHIB** remain volatile, with mixed trading signals.
### **Regulatory Developments**
- **U.S. Congress debates new crypto regulations**, focusing on stablecoins and DeFi.
- **Europe’s MiCA rules** are set to fully take effect in 2025, increasing compliance demands.
### **Today’s Key Takeaways**
✅ **Bitcoin holds $60K support** – Bullish if sustained.
✅ **Ethereum ETF decision could be a market mover**.
✅ **Altcoins show selective strength** – $SOL & $XRP leading. #AltcoinSeasonComing #BTCtrade 
