Cryptocurrencies Surge on Optimism Around Potential Bitcoin ETF Approval
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Major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin surged on Monday amid optimism around a potential Bitcoin spot ETF approval.
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The global crypto market cap stands at $1.26 trillion, up 0.50% in 24 hours.
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Analyst Michael Van De Poppe says Bitcoin could break out past $36.5-37K with another resistance test.
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Crypto Tony believes Bitcoin will likely be tested again around $31K-32K before proceeding higher.
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Koroush AK says $35K is the key breakout level for Bitcoin and expects price to "explode" after crossing it.