Bitcoin surpasses $68,000 resistance level with $68,032 trading value, credited to ETF inflows. The market sees overall gains, with Solana rising 4.73% to $182.12. Record net inflows of $17 billion signify increasing institutional interest in Bitcoin as an asset class.
Ethereum ETF anticipation grows as first spot ETFs are expected in the U.S. on July 23. Political influences like Biden's decision not to seek re-election and potential pro-crypto stance of Trump add to market dynamics.
German government's sale of 50,000 BTC, yielding $2.87 billion, reduces selling pressure in the market. Analysts suggest this sale contributes to the positive momentum of Bitcoin.
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