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Here is how the crypto market fared yesterday ¹:
- The market will experience $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices.
- Germany's state of Saxony sold over half of its $3 billion worth of bitcoin, causing distress in the market.
- Spot ether exchange-traded funds may begin trading as soon as this Friday or in a few weeks.
- The Republican National Committee adopted a platform that aims to boost digital assets innovation, though not listing it as a top priority.