📉 Bitcoin Calm, 🚀 Ethereum in Spotlight!
On August 22, Bloomberg reported a major market shift:
🔹 Bitcoin’s volatility has dropped from ~200% a decade ago to 38%, now rivaling blue-chip giants like Starbucks and Goldman Sachs.
🔹 Ethereum ETFs are stealing the show, with some trading days surpassing BTC ETFs in volume.
🔹 Since August:
✅ $2.5B inflows into ETH ETFs
❌ $1.3B outflows from BTC products
📊 Market Voices:
Arthur Azizov (B2 Ventures): ETH likely to consolidate between $3,900 – $4,400.
Bradley Duke (Bitwise Europe): Risk-averse funds could trigger a pullback or even a short squeeze.
👀 All eyes now turn to Fed Chair Powell’s Jackson Hole speech, a potential market-moving event.
DYOR No Financial advice!