Author Topic: Crypto Market Eyes $2 Trillion Amidst ETF Hopes and Altcoin Surge  (Read 613 times)

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Fuelled by a bullish rally led by Bitcoin and Ethereum, the crypto market inches closer to the coveted $2 trillion mark, currently hovering at $1.81 trillion. Anticipation around a potential Ethereum ETF approval on May 23rd adds fuel to the fire, potentially pushing the market past the milestone. Bitcoin already surpassed its 2022 highs, buoyed by speculation of a 2023 ETF. Ethereum is expected to climb as the ETF date nears, evidenced by the rising ETH/BTC pair. Approval could ignite further speculation in altcoins like Solana (SOL), which has seen recent gains. Europe dominates the ETH ETF market (81.4%), while Canada holds a notable presence. However, US approval remains a potential catalyst for explosive growth.
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