Ethereum (ETH) Soars to an 11-Week Peak, Bitcoin (BTC) Fails to Break Past $105K (Market Overview)

Despite U.S. CPI numbers being lower than anticipated, Bitcoin's price actions have been relatively stable, maintaining around $103K. This comes after its recent surge to nearly $106,000 following the U.S. and China's tariff pause announcement.

The coin, however, failed to achieve a new all-time high and dropped below $101,000, bouncing back to around $103,000. Bitcoin's market cap remains above $2.050 trillion, but its dominance over other cryptocurrencies has decreased to 59.1%.

Meanwhile, Ethereum has shown significant improvement, increasing by another 4.5% and nearing $2,600, after reaching a multi-month high of nearly $2,750. Other altcoins like SOL, DOGE, TRX, AVAX, and PI have also gained, while WIF has lost 5% of its value. The total crypto market cap has gained over $60 billion and is above $3.460 trillion.