Bitcoin Surges Above $66K as ETH ETF Hype Builds: Crypto Market Reignites
The crypto market saw a sharp rally this week as Bitcoin ($BTC ) surged past $66,000, boosted by renewed institutional interest and growing optimism around a potential U.S. Ethereum ETF approval.
Bitcoin climbed over 5% in the last 24 hours, reaching its highest price in over a month. Analysts attribute the move to a combination of macroeconomic stability, continued inflows into U.S.-listed spot Bitcoin ETFs, and speculation surrounding Ethereum’s regulatory trajectory.
Meanwhile, Ethereum ($ETH ) also saw gains, rising above $3,100 amid whispers that the SEC may greenlight spot Ethereum ETFs as early as next month. Though no official decision has been made, several asset managers — including BlackRock and Fidelity — have amended their filings in response to recent SEC feedback, signaling that negotiations are active.
Other top-performing assets include Solana (SOL) and Pepe ($PEPE ), both of which benefited from the broader market momentum and increased risk appetite.
What’s Next?
With the Bitcoin halving behind us and regulatory uncertainty showing signs of easing, many investors believe this rally could be the start of a broader bullish cycle. However, caution remains as macroeconomic data and regulatory decisions will heavily influence the coming weeks.
Caption: “Bitcoin’s price surges amid ETF optimism — crypto traders watch closely.”
A sleek chart showing BTC price breaking above resistance, with Ethereum and other altcoins in the background. Use a clean, modern graphic or trading dashboard aesthetic.
