📢 Week of June 30 to July 6
#Ethereum surpasses $2,500 while XRP attracts institutional interest: Is a new bullish cycle approaching?
Ethereum (ETH) has exceeded $2,500 USDT, marking a 2.72% increase in 24 hours, according to data from Binance A. Meanwhile, XRP maintains its price above $2.00, with institutional inflows reaching $219 million in the first half of the year.
This surge coincides with a growing interest from institutional investors in exchange-traded products (ETP) of altcoins like BTC, ETH, SOL, and XRP, which could indicate a strategic rotation towards assets with higher growth potential.
🔍 What does this mean for the market?
• Greater institutional confidence in altcoins.
• Possible start of a new bullish cycle.
• Binance as the epicenter of real-time data and analysis.