šŖ Market Overview
trading range: $108.3Kā$110.4K; currently around $109.5K (+0.17%)
surges ~4.3% to exceed $2,800
Altcoins $RPL
, KMNO, and KAIA stand out, up 30%, 23%, and 20%, respectively
š Market Movers & Highlights
Ethereum has climbed nearly 89% since April to ~$2,800āspurred largely by increased institutional holdings and postāPectra upgrade optimism
Spot ETH ETFs have recorded inflows for 15 consecutive days (~$840M since midāMay), lifting total ETH AUM to $14.1B
š Regulatory Pulse
At the SEC Crypto Roundtable, key voices emphasized:
SEC Chair Atkins: āEngineers shouldnāt be held liable for how others use their code.ā
Hester Peirce: āCode is protected speech under the First Amendment.ā
Erik Voorhees: āSmart contracts are a step function improvement over human regulators.ā
Consensus: decentralization fosters transparency, not chaos
š What It Means for You
Bitcoin remains range-bound with plausible breakout potential near all-time highsākeep positions lean and set alert thresholds around $110K ⢠$112K.
Ethereum's rally is backed by structural demand, not just speculationāspot ETF momentum could persist through summer.
Regulatory clarity is improving, especially around DeFi and codeādevelopers and protocols may gain more legal insulation, encouraging more on-chain innovation.
š° TL;DR
Crypto markets are showing signs of robust recovery. BTC hovers around $109.5K while ETH advances above $2,800 amid strong ETF inflows. Institutional capital is increasingly embracing Ethereum, while regulators and code developers engage in constructive debate around DeFiās legal framework.