June 30 (Cointime) - Bitcoin experienced a 2.36% increase from June 23 to June 30, reaching US$30,802 at 7:30 p.m. Friday in Hong Kong, while Ether rose by 0.55% to US$1,890 over the week. Fidelity submitted its spot Bitcoin ETF application, indicating a growing interest in cryptocurrencies among institutional investors. Binance faced issues in Europe and had to change its euro banking partner after Paysafe Payment Solutions stopped offering euro payment support for the exchange.
The global crypto market capitalization was at US$1.2 trillion on Friday, with Bitcoin representing 50% of the market and Ether accounting for 19%. Investors are keeping a close eye on the Federal Open Market Committee's meeting minutes and the U.S. non-farm payroll report for June, which could provide insights into the Fed's future monetary policy.
The SEC's response to the increasing number of Bitcoin ETF applications is also eagerly anticipated by investors, as it could potentially attract more institutional investors and revive the crypto market.
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