Hey! Did you see Bitcoin briefly dipped below $66,000 this morning after that stronger-than-expected US jobs report? Seems the market's re-evaluating expectations for Fed rate cuts, putting some pressure on risk assets. Ethereum's following suit, though it's holding up relatively well. On the altcoin front, there's a lot of buzz around those new Solana meme coins popping up, but remember, high risk, high reward, and often rug pulls. SEC is still delaying spot Ethereum ETF approval, no surprise there, but some analysts are suggesting a potential approval by year end, which is fueling some optimism. Overall, the market's choppy, reacting to macroeconomic data and regulatory uncertainty, but the underlying sentiment remains cautiously bullish.
0 reply
0 recast
0 reaction