Bitcoin Shows Consolidation While Underdog Meme Coin SPX6900 Signals Potential Bullish Momentum

Key Points

1. Bitcoin trades around $109,507 with a 3.59% increase, supported by the 50-day EMA and an RSI of 60 indicating potential for further appreciation.

2. Ethereum's price rises 3.16% to $2,559, with mixed technical indicators including an RSI of 54 and an ADX of 11 suggesting a lack of clear trend direction.

3. SPX6900 surges 12% to $1.27, with technical indicators like an RSI of 52 and support from the 50-day EMA at $1.10 suggesting potential for further upward movement.

4. BlackRock's iShares Bitcoin Trust ETF (IBIT) surpasses $75 billion in assets, reflecting strong institutional inflows.

5. Ethereum's adoption grows with Robinhood integrating 213 tokenized stock contracts on Arbitrum, signaling increasing enterprise adoption.