BTC Continues Its Rally

Bitcoin climbed to $69,800, just shy of its all-time high. The move comes after rumors spread about a new spot Bitcoin ETF approval in the U.S. Traders are also eyeing the next halving event due later this year.

Why It’s Moving

Institutional interest is growing. BlackRock and Fidelity are pushing for more crypto-friendly regulations. Retail investors are also jumping back in, driven by FOMO and bullish sentiment.

Other Coins Ride the Wave

Ethereum surged past $3,500. Solana and Cardano also saw double-digit gains. The total crypto market cap hit $2.8 trillion, nearing its peak.

Risks to Watch

Volatility remains high. Regulatory uncertainty and potential crackdowns in Europe and Asia could spook markets. Still, crypto bulls are holding strong.

Takeaway

Crypto’s momentum looks solid—at least for now. Just don’t forget the risks that come with the rewards.