Spot Ethereum has surged back above $3,700 as the price of Bitcoin surpasses $70,000 on the eve of the ETF decision. Bitcoin climbed to its highest level in six weeks on May 20, reaching $71,400. This price was last seen on April 9. Bitcoin’s breakthrough of the psychological barrier of $70,000 has also improved the funding rate in futures trading. The funding rate has risen to its highest level since April 9, at 0.0187%. Stay updated with the latest technology news by accessing NEWSLINKER.