BTC

BTCUSD, Bitcoin rose to $71,957 and Ethereum to $3,720 as investors bought up the cryptocurrency after a report that the SEC suddenly asked exchanges to update their regulatory filings to trade Ethereum ETFs (expectations that approval could come this week increased). Despite some profit taking in the morning hours, BTC still remains above the 71,000 band and the pair, which has the wind behind it, will now set new targets for breaking the 80,000 band. If it breaks the 72,000 band during the day, the most important support level is $70,000 in open pullbacks to 75,000, and if the sell position continues from here, we could see a pullback to $68,000. Support: 70,000 – 68,000 Resistance: 72,000 – 75,000