Bitcoin trades above $77,000 on Wednesday morning, supported by optimism following remarks from the SEC chair at the Bitcoin 2026 event.

Bitcoin ETFs saw $89.7 million in net outflows on Tuesday, while Ethereum ETFs reported $21.8 million in net outflows.  

Meme coin market capitalization is down 2.8% to $37.8 billion over the past 24 hours.

Trader Commentary: 

Trader Michael van de Poppe said Bitcoin is showing strength ahead of key macro events such as the FOMC decision and GDP data release, which often trigger pre-event dips. He noted the formation of higher highs and higher lows on lower timeframes, supporting a bullish outlook with a potential target between $85,000 and $88,000 in…

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