#DOGSONBINANCE #BinanceBlockchainWeek
Bitcoin (BTC) has demonstrated significant upward momentum recently, breaking out of its consolidation triangle as it currently trades at $63,717, surging by almost 12% over LAST seven days. Several bullish drivers have been identified for this recent price movement.
**_Best Crypto to Buy :
The weakening US Dollar, influenced by slowing inflation and high Expectations Federal Reserve rate, has also played a significant role.
Additionally, Ethereum ( $ETH ) is experiencing significant positive momentum following the U.S.
Securities and Exchange Commission’s (SEC) preliminary approval of spot Ethereum ETFs for BlackRock , Franklin Templeton, and VanEck .
At press time, Ethereum is trading at $3,405, marking an 11.08% increase from last week’s low. This surge is attributed to growing investor optimism about the ETF launches and their potential to attract institutional capital.
Given that all the Alternative Cryptocurrencies ( $ALT ) we’d be examining best crypto to buy today on the Ethereum Network, it is worth knowing that Ethereum Price action also plays a role in their market trajectories.
