The cryptocurrency market continues to show activity with several significant events, notably Bitcoin reaching an all-time high at the end of the month.
Bitcoin and New All-Time High
Bitcoin closed the month at $107,140, setting a new all-time high for monthly closes. This result reaffirms the positive trend and strengthens the confidence of long-term investors.
ETF Optimism and Market Updates
Amid rising optimism regarding the approval of ETFs for Solana (SOL), Litecoin (LTC), and XRP, the probability of approval for these financial instruments has increased to 95%. This fosters a positive sentiment across the altcoin market.
In other news, Circle, the issuer of USDC, has applied for a national trust bank license in the United States. This indicates the company’s intention to deepen ties with traditional financial infrastructure.
Legal and Regulatory Changes
In the legal sphere, the U.S. Justice Department announced charges against North Korean hackers accused of stealing nearly $1 million in cryptocurrency. Additionally, Spanish police arrested five individuals in connection with a $541 million fraud case that affected over 5,000 people.
Overall, the day in the cryptocurrency market reflects steady development rather than major shocks. The ongoing ETF optimism and evolution in the legal sphere indicate continued growth and adaptation within the cryptocurrency sector.
