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🔊Weekly Market Highlights #99: May 20 - May 26 ✨BTC and the rest of the market had a good week thanks to the hype and actual approval of Ethereum spot ETFs in the United States. ✨Over the past week, the crypto market total capitalization increased by ~$178B (from ~$2,415B to ~$2,593B). ✨BTC’s Weekly Surge ✅Last Sunday, the leading cryptocurrency struggled to maintain its position above $66K, occasionally slipping below that threshold. Monday began similarly but ended with a bang. ✅Amid reports suggesting the potential approval of eight spot Ethereum ETFs by the US SEC that week, BTC surged by over $5K, reaching close to $72K for the first time in six weeks. However, the momentum couldn't be sustained, and the asset began shedding value in the subsequent days. ✅The most significant price drop occurred just hours before the US securities regulator gave the green light to these financial products on Thursday, causing BTC to dip to $66.4K. Nevertheless, it rebounded swiftly, soaring to $69K by Friday. ✨PEPE’s Week ✅Somewhat expected, the above news impacted Ethereum’s native token a lot. ETH went on a roll and shot up from $3,1K to over $3,9K, which became its highest price tag since the start of April. The second-largest crypto also went on a volatile ride amid the SEC’s approval but now stands close to $3,8K after gaining 27% in the past week. ✅DOGE, LINK, and APT have also increased weekly, but Uniswap and PEPE lead the charts. UNI has skyrocketed by 44%, standing above $11, while PEPE painted several all-time highs this week. ✅In contrast, SOL, TRX, TON, and ADA are in the red on a weekly scale. Still, the total crypto market cap gained more than ~$180B within this timeframe and is now ~$2.6T ✨Bitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70) ✨Dominance: ✅BTC: 52.6% ✅ETH: 18.2% 📣See you next week! 🔶 BSCS Official Media Channels: Website | Telegram | Substack | Twitter | Discussion

🔊Weekly Market Highlights #99: May 20 - May 26 ✨BTC and the rest of the market had a good week thanks to the hype and actual approval of Ethereum spot ETFs in the United States. ✨Over the past week, the crypto market total capitalization increased by ~$178B (from ~$2,415B to ~$2,593B). ✨BTC’s Weekly Surge ✅Last Sunday, the leading cryptocurrency struggled to maintain its position above $66K, occasionally slipping below that threshold. Monday began similarly but ended with a bang. ✅Amid reports suggesting the potential approval of eight spot Ethereum ETFs by the US SEC that week, BTC surged by over $5K, reaching close to $72K for the first time in six weeks. However, the momentum couldn't be sustained, and the asset began shedding value in the subsequent days. ✅The most significant price drop occurred just hours before the US securities regulator gave the green light to these financial products on Thursday, causing BTC to dip to $66.4K. Nevertheless, it rebounded swiftly, soaring to $69K by Friday. ✨PEPE’s Week ✅Somewhat expected, the above news impacted Ethereum’s native token a lot. ETH went on a roll and shot up from $3,1K to over $3,9K, which became its highest price tag since the start of April. The second-largest crypto also went on a volatile ride amid the SEC’s approval but now stands close to $3,8K after gaining 27% in the past week. ✅DOGE, LINK, and APT have also increased weekly, but Uniswap and PEPE lead the charts. UNI has skyrocketed by 44%, standing above $11, while PEPE painted several all-time highs this week. ✅In contrast, SOL, TRX, TON, and ADA are in the red on a weekly scale. Still, the total crypto market cap gained more than ~$180B within this timeframe and is now ~$2.6T ✨Bitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70) ✨Dominance: ✅BTC: 52.6% ✅ETH: 18.2% 📣See you next week! 🔶 BSCS Official Media Channels: Website | Telegram | Substack | Twitter | Discussion