The Bitcoin Layer Washington Goes PRO-CRYPTO: BTC SURGES, ETH ETFs
In today's video, Joe discusses the latest developments in bitcoin and the broader ecosystem. In the last 24 hours, the SEC has pivoted from not approving a spot Ethereum ETF to fast-tracking its approval, causing Ethereum to jump 20% and ETH/BTC to move above 0.05. He discusses how the House and Senate are now majorly pro-crypto, passing 3 separate bills in the last 10 days in support of the ecosystem. Finally, Joe wraps it all up with a look at bitcoin's bull flag breakout, signaling a bull market continuation if we can get past this brief consolidation period near $70,000.
The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.
Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X: / thebitcoinlayer
Subscribe to The Bitcoin Layer on your favorite podcast platform.
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg
The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
The Bitcoin Layer and its guests do not provide investment advice.
Block Height 844478 #thebitcoinlayer
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
#TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #Ethereum #CryptoEcosystem #SECApproval #EthereumETF #CryptoJump #ETHBTC #ProCryptoLegislation #CryptoBills #BitcoinBullFlag #BullMarket #CryptoNews #MarketUpdate #FinancialNews #InvestmentAnalysis #BitcoinUpdate #ETFNews #LegislationUpdate #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro
Subscribe to The Bitcoin Layer on Soundwise
The Bitcoin Layer and its guests do not provide investment advice.