Bitcoin surpasses $70,000, Ethereum nears $4,000 amid Argentina fiat currency negotiations

Most of the top 100 tokens are Bitcoin It rose 2.5% to over $70,000, Ethereum Approaching $4,000. BTC Price 70,136 dollars, ETH Price According to data from CoinGecko, it stands at $3,934 at the time of writing.

this is Argentina begins talks We spoke to El Salvador's Digital Assets Committee about their experience using Bitcoin as legal tender.

“El Salvador has established itself as a global leader not only in the use of Bitcoin but also in the broader field of digital assets,” said Roberto E. Silva, chairman of Argentina's National Securities Commission. Blog Post“We aim to strengthen ties with El Salvador and are exploring possible cooperation agreements.”

El Slavador attracted attention in 2021 as the first country in the world to adopt Bitcoin as legal tender. A surge in tourists And it continues Bitcoin shopping frenzyArgentina is a new Javier Millay, the eccentric leaderis also considering using Bitcoin as legal tender.

according to World MeterArgentina is the 22nd largest country by GDP with a population of over 45 million. The meeting took place on May 23, but the news did not break until today, when Bitcoin crossed the $70,000 threshold by 2.5%.

As a result, a whopping $28 million was liquidated, of which $23 million was short positions. Meanwhile, $17 million in Ethereum short positions were liquidated. Coin Glass.

This comes as Ethereum also surged 3.8% and is on the brink of reaching the $4,000 mark. On Thursday, the U.S. Securities and Exchange Commission (SEC) Landmark Approval for Spot Ethereum ETFThis effectively marks the approval of Ethereum trading on Wall Street.

Prices will rise over the next few hours and days. Almost no changeFlat 4% decrease But now, as expectations for ETF trading volumes grow, the world's second-largest cryptocurrency is beginning to see gains.

Editor: Ryan Ozawa.