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Bitcoin Holds Around $106.6K as First U.S. Solana Staking ETF Makes Its Debut

  • Bitcoin is trading around $106,600 with limited volatility, hovering below $110,000, prompting speculation about a potential future breakthrough.
  • Institutional interest in Bitcoin grows due to inflationary pressures in the U.S. and corporate investments, with Metaplanet adding $108 million in Bitcoin to its reserves.
  • Ethereum shows positive technical indicators, with a potential rally indicated by institutional behavior; Solana ETF launches in the U.S. with staking rewards but faces concerns about long-term adoption.

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