Bitcoin continued to rise, reaching its highest point in more than a month, exceeding $67,400. Ethereum followed closely behind, breaking the $3,100 mark.
Bitcoin experienced a sharp drop in early May, but then began to recover steadily. Especially after the United States announced a reduction in inflation, Bitcoin rose rapidly and hit a 5-week high of nearly $67,400 yesterday.
Ethereum also performed well in this round of gains, rising more than 5% to break through $3,100.
Analysts believe that Ethereum prices may rise further due to the potential approval of the U.S. Securities and Exchange Commission (SEC) for a spot Ethereum ETF.
Although there is a risk of rejection, legal challenges may change this decision, bringing potential upside opportunities for Ethereum investors.