🚨 THIS WAS A HUGE WEEK FOR CRYPTO. The headlines were relentless: 1️⃣ Bitcoin hit a 1-month high of $65,500. 2️⃣ Ethereum broke above $1,900 for the first time in 6 weeks. 3️⃣ BlackRock bought $204 MILLION worth of Bitcoin this week. 4️⃣ Ethereum ETFs purchased $105 MILLION worth of ETH, the largest weekly inflow in 11 weeks. 5️⃣ ETH/BTC surged to a 2.5-month high, signaling renewed strength in Ethereum. 6️⃣ Both CPI and PPI inflation fell to 3-month lows, boosting hopes for easier monetary policy. 7️⃣ 🇯🇵 Japan approved legislation paving the way for crypto ETFs, while 🇰🇷 South Korea recognized crypto as a national asset. 8️⃣ 🏦 Morgan Stanley ($9.3T AUM) filed for Spot SOL and ETH ETFs while expanding crypto trading services.
The market periodicalShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.


