“Ethereum’s Outperformance Over Bitcoin Is Being Reinforced by Institutional Flows, New Altcoin Narratives, and Rising Market Odds of A $ 5k Test, With Macro Data Now Seta Tota Tone To.”, – WRITE: www.coindesk.com
ETH’S CHANCES OF HITTING $ 5,000 this month climbed to 26% on Polymarket, Up from 16% Just A Few Days Ago, As Traders Priced in Momentum from Institutes.
(Polymarket)
“Ethereum’s Recent Strength Is Mainly Showcied by the Level of Flows Into It, Who a Majoor Liquidity Floor Has Been Built by Institutes Coindesk.
He Aded that Eth/BTC Ratio Had been Sitting at a localized Low, Making A Rebound Overdue, and That This Cycle Is Supported By Stronger Fundalexa
Market Rotation Added Further Color to the Rally, Enflux, A Market Maker, Wrote to Coindesk in A Note. Xrp Joined Eth in Leading The Majors, While Capital Chased New Narratives, Such As Cro, Following Trump Media’s “Cronos Treasury” Initiative.
Hyperliquid’s Surge in Trading Volume, Surpassing Robinhood in July, Highlightd How Retail Special Special Special These Undercurrents Suggest That What Matters Most Is Not The Day’s Closing Print But The Structural Realification of Liquidity Across The Crypto Landscape, Enflux Noted.
Liquidity is Being Redistributed Across The Crypto Landscape, Market Observers Say, But Eth’s Role at the Center Is Reinforced By Institute Convision.
“Markets React to Headlines, But Longer-Term Value Is Driven by Fundamentals,“ Gracie Lin, CEO OF OKX Singapore, Told Coindesk in A Note.
“This is WHY ETHEREUM CONTINUES TO SHOW STREEGTHth REAL UTITY – EVEN As Prices Pull Back, Big Institute Institutional Moves Like Bitmin’s Eth Accumulation Prove. Crypto, “Lin Continued. “WITH NEW Macro Data Like The US PCE Coming in Later This Week, We’re About to See How That Coonage Holds Up Amidst Volatility.”
ETH HAS OUTPACED BTC by A Wide Margin, Gaining 20% Over The Past 30 Days Compared to Bitcoin’s 6% Decline, Market Data Shows, and Trading Volumes Show Eth Commanding More Likek.
Market MovementsBTC: Bitcoin Is Trading AT $ 111.733.63, But Weak On -chain Activity and $ 940M in Liquidations Signal Fading Momentum.
Eth: Ether is Trading at $ 4,598.67, Below It Recent All-Time High of $ 4,946, As Institutional Inflows Power The Rally While Defi Activity and TVL Remain Weaker Thon.
GOLD: Gold is Trading at $ 3,410.80, Holding Above $ 3.400 As Powell’s Rate-Cut Hints, Trump’s Fed Shake-Up, and Record Central Bank Buying Fueling Safe-Howen Demand Demand.
Nikkei 225: Asia-Pacific Markets Mostly Fell Wednesday Despite Wall Street’s Overnight Gains, with Japan’s Nikkei 225 Down 0.17%.
S&P 500: The S&P 500 ROSE 0.41% to 6.465.94 on Tuesday as Investors Looked Past Trump’s Removal of Fed Governor Lisa Cook and AWAITED NVIDIA’S EARNINGS.
Elsewhere in Crypto:
- Trump-Backed World Liberty Token Could Decimate Retail Investors, Compass Point Warns (Decrypt)
- US CFTC, A TOP CRYPTO Watchdog, Is About to Shrink Commission to Only One Member (Coindesk)
- Bitcoin Miner Hut 8 Surges 10% On 1.5GW Expansion Plans (Coindesk)
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Solana, Dogecoin, and Ether Also Rallied, While CME Crypto Futures Hit $ 30b in Open Interest, Signaling Growing Institutional Demand.
- XRP LED A BROAD Crypto Rebound Tuesday, Gaining 6% AS Traders Jumped Back in After Monday’s Sell-Off.
- CME Crypto Futures Hit $ 30b in Open Interest, with Xrp Become The Fastest Contract To Cross The $ 1B Mark.
- Analysts Warn of OverHeted Sentiment Ahead of Friday’s PCE Inflation Data, A Key Signal for The Fed’s Next Move.
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