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The global crypto market cap is $1.82T, which increased 1.80% in the previous day. Over the last 24 hours, the market volume is $94.20B, making a significant increase of 0.84%. This crypto outlook will highlight some of the major events associated with some top cryptocurrencies.

Bitcoin: BTC is currently trading at $40,836.43, which is a price increase of 0.54% over 24hours. Moreover, the price also increased by 4.54% in the last seven days. BTC today reached a high of $41,323.26 and a low of $39,566.67.

Few digital asset research service providers described the motivation behind the miners’ for their expansion strategy. The cause of this is that the publicly listed miners desire their stock to be closely correlated with Bitcoin’s price. This is because a greater correlation with the standard crypto would draw investors looking for indirect Bitcoin exposure in the long run.

Another news to note is that Anthony Scaramucci, SkyBridge Capital founder predicted having a Bitcoin ETF by the end of the year. He would have a Bitcoin exchange-traded fund that would be in line with the regulations and guidelines of the U.S. Securities and Exchange Commission (SEC).