Crypto Pops On Ethereum ETF Approval Rumors
$Ethereum(ETH.CC$ It was a ‘normal’ Monday for crypto until around 3:20 to 3:30 pm EST when the market went haywire due to the following tweet:
![Crypto Pops On Ethereum ETF Approval Rumors](https://ussnsimg.moomoo.com/sns_client_feed/70042973/20240521/76aa546bc03547b8877743a44c214466.png/big?area=100&is_public=true)
When two of Bloomberg’s ETF and crypto experts chime in saying there’s a 75% chance the SEC will approve Ethereum ETFs this week, you can bet your bottom dollar the market listens.
While it’s only a forecast for now, that’s not stopping the community from pushing sentiment into “extremely bullish” territory as prices soared to their highest level since early April. 👀
While it’s only a forecast for now, that’s not stopping the community from pushing sentiment into “extremely bullish” territory as prices soared to their highest level since early April. 👀
![Crypto Pops On Ethereum ETF Approval Rumors](https://ussnsimg.moomoo.com/sns_client_feed/70042973/20240521/7a3325f1ebed432f8fddee0d9e6c615c.jpg/big?area=100&is_public=true)
Time will tell if the approval actually comes, but for now, crypto-related stocks are back on the menu with the momentum crowd. 📈
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