PDAXScope: BTC nears $72K, XRP breakout watch

Bitcoin climbs to near $72,000 after Treasury Secretary Bessent attempts to calm oil fears (CoinDesk)

Bitcoin climbed to near $72,000 after U.S. Treasury Secretary Scott Bessent said the U.S. government is working to stabilize energy markets and ease oil price concerns, as reported by CoinDesk. His remarks came amid recent geopolitical tensions involving the United States, Israel, and Iran that had pushed oil prices higher and weighed on market sentiment.

XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI (CoinDesk)

XRP is holding steady near $1.38 as traders watch for a potential price breakout, as reported by CoinDesk. Market indicators known as a Bollinger squeeze suggest volatility may soon increase, meaning the price could move sharply up or down. The next move may reportedly depend on upcoming U.S. inflation data (CPI), which could influence broader market sentiment and crypto prices.

BlackRock’s staked Ethereum ETF sees $15.5M volume on debut (Cointelegraph)

BlackRock’s new staked Ether ETF (ETHB) recorded about $15 million in trading volume on its first day, as reported by Cointelegraph. The product gives investors exposure to Ethereum while also earning staking rewards, meaning the fund can generate yield in addition to tracking ETH’s price. Analysts reportedly say the launch shows growing institutional interest in Ethereum-based investment products that combine price exposure with passive income.

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