CBDC Fault Lines Emerge as Digital Euro Clash Divides Europe 

💡 DMK Insight

The EU’s split on CBDCs could shake up crypto markets, especially for Ethereum and Solana. With ETH currently at $3,611.59, traders should consider how regulatory uncertainty might impact institutional adoption. If CBDCs gain traction, they could either bolster or hinder the appeal of decentralized assets like ETH and SOL, which are already facing competition from traditional finance. Watch for how this debate evolves—if banks successfully lobby against CBDCs, it could lead to a surge in crypto interest as a viable alternative. Conversely, a swift move towards a digital euro could create headwinds, particularly for assets that thrive on decentralization. Keep an eye on the $3,500 support level for ETH; a drop below that could trigger further selling. For SOL at $168.86, monitor resistance around $180, as a break above could signal renewed bullish momentum. The next few weeks will be crucial as the EU’s stance becomes clearer, impacting both sentiment and trading strategies.