Bitcoin surged toward $74,000 following favorable US PCE inflation data that boosted risk assets across crypto and equity markets. The move represents another test of Bitcoin's previous all-time high as investors responded positively to cooling inflation pressures.
BlackRock's newly launched staked Ethereum ETF (ETHB) captured over $43 million in inflows on its first trading day, with day-one volume exceeding $16.5 million on Nasdaq. The strong debut signals institutional appetite for yield-bearing crypto products as traditional finance firms expand their digital asset offerings.