#TrendTradingStrategy #SECETFApproval
- Bitcoin rose slightly on Wednesday, continuing.
The largest cryptocurrency in the world increased by 0.2% to $109,480 at 4:53 PM Saudi time.
The currency has traded relatively steadily since last week, as traders have refrained from making large moves due to the ongoing uncertainty surrounding U.S. trade agreements.
Late Tuesday, Trump wrote on social media: "We will announce at least 7 countries regarding trade tomorrow morning, with additional countries to be announced in the afternoon."
$BTC
BTC
111,065.38
+2.49%
Looking ahead, investors are focused on "Crypto Week" starting on July 14, where U.S. lawmakers in Washington are expected to push at least three major bills aimed at regulating digital assets.
Trump Media & Technology Group files for another cryptocurrency ETF
Trump Media & Technology Group Corp (NASDAQ:DJT) filed a request with the U.S. Securities and Exchange Commission on Tuesday for approval to launch a new "Crypto Blue Chip ETF" later this year.
The proposed product will hold a mix of major digital assets, including Bitcoin, Ethereum, Solana, and Ripple, allowing ordinary investors access to cryptocurrencies without directly owning the tokens.