Cryptocurrency Market News: Bitcoin Surges Past $72K, Ether Rises on Dencun Upgrade

Bitcoin (BTC) surpassed $72,000, marking a significant increase from two all-time highs last week.

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Ether rose above $4,000 due to lower fees following the Dencun upgrade for the Etherum network.

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Two SEC commissioners expressed dissatisfaction with U.S. crypto industry regulation, and Federal Reserve Chairman Jerome Powell confirmed no plans to launch a central bank digital currency for the U.S. dollar.

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Bitcoin hit a new all-time high due to the launch of spot bitcoin ETFs in the U.S. and the upcoming halving event.

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The UK regulator's softening stance towards cryptocurrency exchange-traded notes (ETNs) has boosted Bitcoin's rally.

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Blackrock's iShares Bitcoin Trust and MicroStrategy are major bitcoin buyers, with their bitcoin stash growing larger than MicroStrategy's.

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Coinbase (COIN) has also seen a significant increase in its stock value, despite trading glitches.

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