Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.
“Despite the fact that the SEC postponed their decision to approve or disapprove Ark, BlackRock, and Valkyrie’s bitcoin ETFs this week, the market’s hope for spot bitcoin ETF approval seems to have been revitalized following the Ether Futures ETF decision,” analyst Yuya Hasegawa shared.
Meanwhile, Tellor’s TRB tokens continued a multi-week rally to rise some 10% in the past 24 hours, extending monthly gains to over 250%,
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