$BTC
The crypto market is broadly green and steady, supported by institutional flows, regulatory clarity on stablecoins, and positive macro signals. Bitcoin and Ethereum are consolidating at strong levels, while altcoins like Solana and XRP are attracting notable attention.i🔍 What’s Driving the Uptick?
1. Institutional Demand & ETF Inflows
Strong interest in Bitcoin and Ethereum ETFs. Notably, ~$15 million flowed into Ethereum ETFs just yesterday .
Spot SOL ETFs filings suggest a growing appetite in altcoin institutional exposure .
2. **Stablecoin Legislation (GENIUS Act)**
The U.S. Senate approved this bill on June 18, requiring reserve-backed stablecoins and enhancing issuer transparency .
This legislation boosted Circle and Coinbase stocks and signals stronger crypto infrastructure .