Bitcoin Bulls Hold Strong at $66K as Ether ETFs Surge with $100M Debut
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Bitcoin bulls defended the $66,000 mark on July 23 as U.S. spot Ether exchange-traded funds (ETFs) impressed analysts. Data from Cointelegraph Markets Pro and TradingView showed Bitcoin’s price rebounding after an initial dip with the Wall Street open. The launch of spot Ether ETFs surprised market participants with over $100 million in volume within 15 minutes, driving ETH/USD up 2.3% and reversing an earlier decline. “Spot ETF launch so far seeing the expected – take profit selling in both perps & spot. Move retraced & OI still elevated,” popular trader Skew wrote on X, highlighting increased open interest in ETH
Source: CryptoIntelligence
