### Today's forecast for the digital currency market
The cryptocurrency market is witnessing interesting movements today, with expectations indicating notable price developments for some major assets.
#### Bitcoin (BTC)
Analysts expect Bitcoin price to break through the resistance at $69,330, which could push the price towards $74,400. This comes as a symmetrical triangle continues to form in the charts, a pattern that indicates prices congregating within a narrow range before a potential breakout occurs.
#### Ethereum (ETH)
Ethereum exchange-traded fund (ETF) approval is not yet fully priced. Analysts expect this event to lead to a significant increase in the value of Ethereum in the coming months, citing the potential for a massive rally if the price starts to rise against Bitcoin.
#### Solana (SOL)
Forecasts predict that Solana will continue to grow to become one of the top three blockchains in terms of market cap and value secured. The new price protocol “Beth” is expected to play a major role in this growth, positioning it to outperform similar protocols like Chainlink.
#### Organizational changes
New regulations for Europe's digital asset markets (MiCA) are set to come into effect later this year, which could boost the widespread adoption and use of cryptocurrencies. However, the true impacts of these regulations may not be clear until next year.