WOW Ethereum is pumping (crypto markets go insane over this news)
Read summaryThe video discusses how Ethereum just broke out and the reason behind it may shock viewers. Bitcoin is currently trading at $69,000 while Ethereum is at about $3300. The charts look incredibly bullish, with the Ethereum spot ETF set to be approved or denied on May 23rd. Initially, analysts expected the ETF to be denied due to negative response from public servants, but recent bipartisan support for Sab 121 could lead to a possible approval. Pro-crypto public servant Tom Emmer believes in shifting economic power back to the people through crypto. Popular ETF analysts are increasing the odds of the spot Ethereum ETF approval to 75% as the SEC potentially does a 180 on the issue. The approval of the ETF could lead to more gains in Ethereum and Bitcoin. Overall, the news is bullish for both cryptocurrencies. 🚀🪙📈
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