📈🚀 ¡$BTC Y $ETH ON THE RISE! Macroeconomic optimism drives cryptocurrencies near historical highs, according to Orionx.
The cryptocurrency market is experiencing renewed optimism thanks to a favorable global macroeconomic outlook. A trade agreement between the U.S. and the U.K., along with interest rate cuts by the Chinese Central Bank, has injected confidence into the markets, benefiting digital assets, according to Joel Vainstein, CEO of Orionx. 🌍💰
#BTC has consolidated its role as a safe haven, surpassing $100,000 and reaching $104,000, its highest level since February. This rally, driven by expansive monetary policies and geopolitical uncertainty, signals the return of institutional investors. 🐳
#ETH has also shown an impressive advance of 37.4%, driven by the anticipated Pectra upgrade. This upgrade promises significant improvements in efficiency and reduced transaction costs, once again attracting institutional interest. ETH is currently trading around $2,330, with the ratio #ETH/BTC at historically low levels, which some analysts see as a sign of a potential additional rally for Ether. ⚛️
Orionx highlights a notable increase in institutional inflows, especially in Bitcoin, with positive net flows exceeding $5.3 billion in the last three weeks, driven by the #etf Bitcoin spot. Ethereum is also strongly positioned thanks to Pectra, promising superior performance in scalability and efficiency. 🏦
In this scenario of widespread optimism, both #bitcoin and Ether are consolidating as strategic assets in the global and local financial landscape, backed by a favorable macroeconomic environment and key technological developments. 🌟
Do you think BTC and ETH will reach new historical highs soon? What impact will macroeconomic optimism have on the crypto market in general?
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