Ethereum's Massive Rally, Government's Bitcoin Backing Build New Crypto Foundation

The Ethereum-led rally in the crypto space expanded breadth and increased confidence in stablecoin, says CoinDesk's Andy Baehr. He also mentions the latest regulation headlines from the Trump administration offering cryptocurrencies more room to run. David Siemer says the latest crypto rally "exceeded expectations" on anticipation of a "sideways summer." He says if markets "keep doing what we're doing," the crypto industry will naturally find its next leg higher.

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