Bitcoin Traders Eye New Highs by End of Summer; Ether Rises 3% on Treasury Optimism

Bitcoin BTC held steady near $109,000 early Wednesday as traders bet on fresh highs in the coming months, with ether ETH rising over 3% after renewed confidence in Ethereum's long-term strategy and broader institutional activity.U.S. equities surged following the Memorial Day weekend, led by a 2% gain in the Nasdaq, as investors shrugged off labor market concerns and drew optimism from softening trade tensions source: https://www.coindesk.com/markets/2025/05/28/bitcoin-traders-eye-new-highs-by-end-of-summer-ether-rises-3-on-treasury-optimism