Bitcoin and ether started the trading week steady in Asia, buoyed by narrowing discounts on Grayscale Bitcoin Trust and heightened anticipation for the approval of spot bitcoin and ether ETFs. Market optimism is at an all-time high, with investor inflows surpassing $1 billion this year. U.S. economic data and Federal Reserve communications this week are expected to further influence crypto market trends.
Bitcoin (BTC) began the trading week in Asia above $37,000 and ether (ETH) above $2,000, with prices little changed from an exchange-traded fund rally that closed last week, helping narrow the discount on the Grayscale Bitcoin Trust (GBTC) to levels not seen since July
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