🔴Major Currency Movements: Ethereum Outperforms Bitcoin📈📉
🔸️Bitcoin (BTC): Increased by 0.46% to $118,898.65, after temporarily dropping to $118,947, down 2.5%. Traders are monitoring the CPI report, expecting core inflation to rise to 3.1%, which could halt the current rise if it is higher than expected. Bitcoin's increase since the beginning of the year has reached 26.9%, but it is lower than Ethereum's.
🔸️Ethereum (ETH): Led the increase by 4.84% to $4,377.70, supported by record inflows of $1 billion into ETH ETFs last week, with BlackRock leading these inflows. Ethereum's increase since the beginning of the year has reached 28.5%, making it a preferred choice if you are interested in decentralized applications.