𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗯𝗮𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗿𝗲𝗲𝗻 𝘇𝗼𝗻𝗲, 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁 𝗲𝗮𝗴𝗲𝗿𝗹𝘆 𝗮𝘄𝗮𝗶𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗲 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝘀𝗽𝗼𝘁 𝗘𝗧𝗙.

BTC is trading above $65,000, while ether has surged back above $3,100, indicating a calmer market after recent geopolitical tensions.

The dip below $62,000 over the weekend was attributed to market jitters amid geopolitical uncertainties, which have since subsided.

Traders are now focusing on the potential approval of BTC ETFs in Hong Kong, which could unleash significant demand, estimated to be up to $25 billion.

The market was already under pressure due to U.S. tax season and anticipation of the halving, exacerbating the recent volatility.

The launch of ETFs this week could provide easier access to digital assets for traders in China, potentially influencing market dynamics.

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