đ Crypto Pulse: $BTC Consolidates Near $120K While $ETH Surges on ETF Demand
Bitcoin currently trades around $119,500â$120,000, consolidating just under key resistance. Meanwhile, Ethereum is up over 3â4%, outperforming BTC thanks to massive ETF inflows.đ
Ethereumâs dominance: Last week ETH ETFs captured ~$1.85âŻbillion in net inflows vs. ~â$175âŻmillion outflows for BTCâhighlighting a major institutional pivot. Yearâtoâdate ETH has drawn over $7.8âŻbillion, outpacing all of 2024âs inflowsâŻ
Macro tailwinds: The recent U.S.âEU trade deal and the âGenius Actâ regulatory clarity have boosted investor sentiment across crypto assetsâŻ
đŻ Bitcoin is range-bound and digesting recent gains. Ethereumâs ETF momentum suggests a shift toward altcoins, making ETH the current institutional favorite. That sets the stage for potential next-level moves in SOL and XRP.
đ âWhy ETH flows are eclipsing BTCâwhat it means for altcoin season.â