© Reuters.
The cryptocurrency market saw a boost in investor confidence as bitcoin crossed the $44,000 threshold as the overall market capitalization reached $1.66 trillion. This crypto market rally is partly attributed to recent filings by Grayscale and VanEck for Spot ETFs with the Securities and Exchange Commission (SEC), which has contributed to more bullish investor sentiment.
At the same time, Ethereum has also seen price increases, with significant accumulation of whales signaling robust market confidence.
Broader financial markets are reflecting this positive sentiment, with stock futures posting modest gains. The index ended its session slightly higher, which reinforces investor optimism.
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