Bulls want bitcoin back above $80,000. Macro says not so fast.

What you need to know for April 28, 2026...
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US SEC seeks comment on NYSE Arca proposal for 85% eligible-asset rule in crypto ETF listings
The SEC is seeking public comment on NYSE Arca's proposal requiring crypto ETFs to hold at least 85% in pre-approved assets, with up to 15% in other holdings. This standardized framework reflects the agency's shift toward clarity over enforcement under new leadership. The rule could simplify product launches for Bitcoin, Ethereum, and other major cryptocurrencies while maintaining investor protections through surveillance standards.

Crypto traders turn cautious as bitcoin loses steam below $80,000
Bitcoin fell below $80,000 resistance after two failed breakout attempts, with ether dropping 0.75% in tandem. Derivatives data shows cooling activity—lower open interest, volume, and liquidations signal cautious positioning. U.S. demand weakened per Coinbase Premium Index turning negative. Subdued volatility reflects macro pressures from elevated oil prices and stalled Iran-U.S. talks, leaving Indian traders watching for potential $70,000s retest.
