Bitcoin and Ethereum Gain Momentum Ahead of Halving

1 min read
Source: Decrypt
Bitcoin and Ethereum Gain Momentum Ahead of Halving
Photo: Decrypt
TL;DR Summary

Bitcoin and Ethereum have both seen gains, with Bitcoin rebounding to $66,964 and Ethereum climbing to $3,452. Bitcoin's upcoming halving, expected around April 19, has led to increased volatility in its price, while Ethereum's positive momentum has been supported by a 2.6% gain over the last 24 hours. The U.S. SEC has delayed its decision on a Grayscale Ethereum Trust conversion to a spot Ethereum ETF, with a new deadline set for May 30. Executives are optimistic about the potential for Ethereum ETFs, anticipating increased asset gathering if launched later in the year.

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