Ethereum's price rose 29.3% over seven days, surpassing Bitcoin's 21.4% gain, driven by increased institutional interest and ETF inflows. Fundstrat's Tom Lee predicts Ethereum could reach $10,000 within two years, citing its growing role in tokenization, stablecoins, and AI applications. U.S. Ethereum ETFs attracted $365 million in July, more than Bitcoin's $205 million, signaling a shift in investment focus. However, Ethereum still faces competition and must sustain gains to confirm a lasting rotation away from Bitcoin.
Cryptocurrency prices are fluctuating with Bitcoin trading around $77,566, up by 0.98%. Ethereum and Binance Coin also saw modest gains, while some altcoins like Morpho and MNT experienced significant increases of over 10%. This mixed performance ref...
US-listed crypto ETFs excluding Bitcoin and Ethereum attracted nearly $90 million last week, driven by strong inflows into XRP and Solana funds. XRP funds led with $39.78 million, marking their best week since May and extending a six-week streak of g...
Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 an...
Ethereum's price increased by 1.34% to $2,443.79 after reclaiming a key support level, with analyst Javon Mark noting a 55% gain from this support. The next major resistance to watch is $4,811.71, which if broken, could lead to a surge toward $8,500....
Tom Lee of Fundstrat believes a long-anticipated rotation into Ethereum has begun, with ETH potentially reaching $10,000 within the next one to two years. He argues Ethereum is undervalued compared to Bitcoin and could become the future settlement la...
