Title: Bitcoin Holds Strong Above $60K as Market Eyes Ethereum ETF Decision
Bitcoin ($BTC
) continues to hold strong above the $60,000 level, trading at around $61,200 at the time of writing, despite broader market uncertainty. The crypto market saw a wave of volatility earlier this week after the Federal Reserve signaled it may hold interest rates steady longer than expected.
) is in the spotlight as the U.S. Securities and Exchange Commission approaches its decision deadline on several spot Ethereum $ETF applications, including one from BlackRock. Analysts are split on whether the SEC will approve, with Bloomberg's James Seyffart estimating a 35% chance of a green light this month.
Other Key Highlights:
Solana (SOL) is gaining traction, up 4.5% in the last 24 hours, thanks to growing interest in Solana-based meme coins.
BNB) remains stable around $580, with Binance announcing a new launchpad project focused on AI and blockchain integration.