Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000

Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) on Aug. 5 after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin exchange-traded fund filings, resulting in a rally that propelled BTC’s price 9% higher and caused Ether to gain 11.75%, which pushed the altcoin closer to the elusive $3,000 level.

Data from Cointelegraph Markets Pro and TradingView shows that after an early morning sell-off that saw BTC fall to $37,280, the bulls stepped in,…


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