Spot Bitcoin ETFs recorded $358 million in net inflows, while Ethereum ETFs saw $85.18 million in net inflows.
US Treasury Secretary Scott Bessent called for the urgent passage of the Clarity Act to establish a federal framework for the crypto market.
Michael Saylor stated that selling pressure in Bitcoin has largely subsided and that a bottom may have formed around $60,000.
Tom Lee said the bottom is likely behind us, expecting new highs in Bitcoin and Ethereum, along with gains in tech stocks.
Iran is considering using cryptocurrencies to collect fees from ships passing through the Strait of Hormuz.
Bitcoin is trading at $71,489 and Ethereum at $2,179.
The Fear and Greed Index stands at 44, indicating a neutral market sentiment.
