Weekend Round-Up: Bitcoin Holds $70,000, Ethereum’s ‘Buy Zone’, Nasdaq’s Blockchain Stocks, SEC’s Crypto Framework And More

This week in the crypto world was a rollercoaster ride, with Bitcoin defending the $70,000 mark amidst market jitters. Ethereum, XRP, and Dogecoin tested their support levels, while Ethereum also entered what analysts are calling a ‘generational buy zone’.
In regulatory news, Nasdaq secured SEC approval to list blockchain versions of stocks and SEC Chair Paul Atkins announced a new crypto framework. Lastly, Morgan Stanley’s Bitcoin ETF set its ticker as BTC tests $70,000 support.
Bitcoin Defends $70,000 As Ethereum, XRP, Dogecoin Test Support
Bitcoin traded around $70,000 as Bitcoin ETFs saw $90.2 million in net outflows on Thursday. Ethereum ETFs reported $136.4 million in net outflows. The meme coin market capitalization dropped around 3% over the past 24 hours to $33.4 billion. Crypto trader Jelle noted that Bitcoin is retesting the $70,000 level from below, making it a key decision point.
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