Crypto Markets Sizzle: Bitcoin & Ethereum Rally, ETP Inflows Surge, and Altcoins Shine:
Over the past few days, the crypto space has ignited with institutional momentum and regulatory tailwinds. Bitcoin is hovering near $119K, while Ethereum has surged to multi-year highs above $4.3K. Notably, crypto ETPs attracted $572M last week—$ETH leading with $270M and $BTC with $265M—highlighting strong inflows and investor confidence. Meanwhile, Binance Coin has outpaced Nike in market valuation, and Zora posted a remarkable 77% weekly gain. On the regulatory front, Paxos is pushing forward with a national trust bank charter, signaling increased legitimacy for crypto platforms.
Is this the start of a broader rally, or are we building up to a volatility event? Keep your eyes on macroeconomic data and institutional flows as key indicators of the next move.