🔥 The crypto market is boiling — and you are seeing something that many ignore: the strength of institutions behind the highs.
Here is an updated overview based on the latest data:
📈 Recent highs of major cryptos
- Bitcoin ($BTC : reached $123,000 and is now stabilizing around $117,000-116,000 consolidating
- Ethereum $ETH : broke $3,800 and may seek $4,227–4,500 - 4,998/5,000, based on technical projections, fundamentals, and the turnover of BTC to Ether (gas)
- $XRP reached $3.60 and accumulates more than 69% appreciation in the year $3.09
- Solana (SOL): appreciated 18% in the week, traded at $194
now $182.xx
🏦 Institutions buying heavily
- BlackRock, Fidelity, and other giants are accumulating Ethereum via ETFs
#CryptoClarityAct #AmericaAIActionPlan #TrumpBitcoinEmpire
- BlackRock's ETF (ETHA) surpassed $10 billion in assets, being the 3rd fastest in history to reach this milestone
- In the last 6 days, Ethereum ETFs received $2.4 billion, surpassing those of Bitcoin
📊 Friday and the leveraged effect
Last Friday (18), Ethereum ETFs recorded a positive net flow of $402.5 million, highlighting the ETHA of #BlackRockCrypto . This generated:
- Supply scarcity in the spot market
- Upward pressure on prices, even with technical corrections
- Moderate leverage, but with solid fundamentals — it’s not just speculation