Crypto Markets Analysis: Bitcoin and ether end the week higher, following the announcement of BlackRock’s Bitcoin trust application. GWilliamsJr_CMT reports
BlackRock throws its hat into the ring for a bitcoin spot ETF.
GAL remains 3.3% below its 20-day moving average and has a current Relative Strength Index value of 44.06. The direction of its RSI implies an increase in bullishness, increasing 69% since June 10, relative to the 21% increase in GAL prices. If approved, the ETF will offer exposure to retail investors via a third party, with the ability to enter and/or exit positions intraday.
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