Bitcoin Holds Strong as Halving Momentum Continues

Bitcoin is showing resilience following its recent halving event, hovering near the $66,000 mark. The fourth halving, which occurred last month, cut miner rewards from 6.25 to 3.125 $BTC tightening supply. Historically, Bitcoin halvings have preceded major bull runs—and traders are watching closely for signs of a similar trend.

Despite short-term volatility, on-chain data shows accumulation by long-term holders and institutional wallets. Spot Bitcoin ETFs in the U.S. continue to see steady inflows, signaling growing investor confidence. BlackRock and Fidelity’s funds alone now hold billions in BTC, adding legitimacy to crypto in traditional finance.

Market analysts suggest that if Bitcoin can break past $70,000 with strong volume, it may trigger another leg up. Meanwhile, altcoins like Ethereum and Solana are also gaining attention, supported by bullish narratives such as ETF speculation and network upgrade

Ethereum surged past $3,100 this week after rumors resurfaced that a U.S. spot Ethereum ETF may soon gain regulatory approval. Sources close to the SEC say discussions have intensified, and major issuers like BlackRock and Grayscale have updated their filings, hinting at movement behind the scenes.

The market reacted swiftly. Ethereum posted double-digit gains in 24 hours, pulling other major altcoins higher. Solana, Avalanche, and Chainlink saw 8–12% gains, fueled by renewed investor optimism and increased trading volume. The ETH/BTC ratio also rose, reflecting stronger confidence in Ethereum’s near-term outlook.

Experts say an approve$ETH ETF would validate Ethereum’s status as a mainstream asset, potentially driving billions in new investment. Similar to Bitcoin’s ETF launch in January, Ethereum could see a sustained bull run if approval is granted.

Traders are watching for official SEC statements expected later this month. Until then, speculative momentum continues to dominate. Whether the ETF is approved or delayed, Ethereum has reasserted itself as the center of crypto market focus.