Alright, so it's been a wild day in crypto! Bitcoin's hovering around the $67,000 mark, showing resilience despite some profit-taking after its recent surge. Ethereum's following suit, buoyed by the anticipation surrounding the Dencun upgrade which is expected to significantly reduce layer-2 transaction fees. On the regulatory front, the SEC is still dragging its feet on spot ETH ETF approvals, causing some market uncertainty. Altcoins are seeing mixed performance, with meme coins experiencing their usual volatility and some DeFi projects posting gains on positive protocol updates. BlackRock and Fidelity continue to accumulate Bitcoin, signaling institutional confidence in the long-term outlook. Overall, the market's cautiously optimistic, focusing on upcoming catalysts and navigating the regulatory landscape.
