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#AltcoinBreakout Bitcoin’s (BTC) grip on the crypto market is slipping, and altcoin season may finally be coming. This comes after Bitcoin’s price hit a new all-time high of $123,091 in July. Today, BTC slipped to $118,000, while several altcoins extended their recent rallies. A key driver behind this divergence is Ethereum (ETH), a cryptocurrency that has long trailed Bitcoin in performance. But this week, that narrative has shifted. ETH recently broke above $3,400 and is now outpacing BTC’s momentum. Here’s what this trend means for Ethereum’s price — and what it could signal for the broader altcoin market.
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#PowellVsTrump President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, a White House official said, and discussed the possible move in a meeting with congressional Republicans on Tuesday night. While the lawmakers voiced support for the move, which would likely roil financial markets and lead to a consequential legal showdown, Trump has not made a final decision and could change his mind, according to the official who requested anonymity to discuss a private conversation.
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