#btcmercado The cryptocurrency market is experiencing a time of great volatility and significant developments, despite some recent downturns.

🦘🔥🔥🔥🔥 what's happening:

Main Prices and Assets:

* Bitcoin (BTC): Despite a slight recent drop following the launch of a new Chinese AI model, Bitcoin remains strong. Its current price is around $113,600, and a few months ago it reached an all-time high, driven by an unprecedented flow of investments. Over the past year, it has seen a growth of 120% and has outperformed most major assets.

* Ethereum (ETH): It is in a position of great interest, with analysts like Mike Novogratz suggesting it could outperform Bitcoin in the next 6 months. Its price has experienced a significant rise, especially in the last month, with growth of over 57%. Currently, it is facing a "bearish divergence," indicating that the $3,000-$3,100 zone could be a key buying point.

Trends and Key Events:

* Institutional Adoption and ETFs: Institutional demand continues to be a major driver of the market. The recent approval of Bitcoin and Ethereum ETFs by the U.S. SEC has allowed investors to exchange ETFs for cryptocurrencies and vice versa, generating greater confidence and capital inflow into the sector.

* Regulation and Policy: Regulatory news has had a notable impact. Former President Trump signed the "GENIUS Act," which has been seen as a boost for the crypto market with its regulations. Tether, for example, has announced plans to introduce its USDT stablecoin in the U.S. under this new framework.

* Altcoins: In addition to Bitcoin and Ethereum, other cryptocurrencies are generating interest. XRP experienced a 70% growth in July, and Dogecoin shows signs of a possible recovery. Market attention is partially shifting towards "altcoins" (alternative cryptocurrencies).