major cryptocurrencies traded in the green on sunday evening after the securities and exchange commission sec said that the current bitcoin etf filings were inadequate” what happened this week is anticipated to be eventful with several significant economic developments on wednesday the june fomc minutes will be published thursday will bring the jolts job openings report followed by the release of new unemployment numbers on friday at the time of writing the global crypto market capitalization stood at 112 trillion an increase of 079 over the last day us stock futures showed little change on sunday night signaling the beginning of the second half of a remarkable year on wall street futures linked to the sp 500 and nasdaq100 traded flat see more best crypto day trading strategies analyst notes bitcoin plunged from the 31000 level after the wsj reported that the sec said spot bitcoin etf filings are inadequate the regulator was commenting on blackrock and fidelitys filings” wrote edward moya senior analyst at oanda in a note seen by benzinga he adds “bitcoin trades around the 30000 level but a fresh catalyst is needed to spark bullish momentum above the 34000 level” according to crypto analyst michael van de poppe bitcoin is currently experiencing a classic weekend liquidity sweep it is crucial for bitcoin to maintain its price above the range of 2980029900 “i’d prefer to see bitcoin target 30750 and start rallying to the range high to take liquidity above the highs” van de poppe said bitcoin price could potentially surge by ten times its current value according to onchain analyst willy woo what would price do if these guys put 5 of assets under management aum into btc” the analyst asked “my calculations estimate around 310000 per coin it would really depend on whether they deploy in a bearish or bullish phase of the market but the range would be between 128000 – 398000 right now its 310000” read next jim cramer advises against using binance provokes strong reactions from twitter users