CME bullish, while offshore sentiment reigns cautious
Did we bottom? German selling concluding, the failed Donald Trump assassination and imminent ETH ETFs all set the stage for the sudden turnaround in momentum.
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Bitcoin recovers and ETH gets the nod
Bitcoin rallied back into its March-June range with the German wallet emptied, Trump surviving an assassination attempt, and ETH ETFs securing a launch. We expect more strength; however, the market also considers Mt. Gox distributions as $5.8bn worth of BTC was transferred today.
