🚀 Crypto Market Rally — ETH Breaks $4.5K, BTC Near $120K, BNB Hits $830
Key Highlights
Ethereum (ETH) surges past $4,500 on institutional demand & macro optimism.
Bitcoin (BTC) trades just shy of $120,000 as Fed rate cut bets rise.
Binance Coin (BNB) jumps to $830, nearing all-time high of $861.
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Ethereum Breaks $4,500 — Institutions Buy Big
ETH just saw its strongest move since early 2022, fueled by heavy corporate treasury purchases and exchange outflows — a bullish sign ahead of potential spot ETH ETF approval. Analysts now eye $5,000 as the next target.
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Bitcoin Nears $120K
BTC is riding macro tailwinds after July CPI met expectations, reinforcing September rate cut forecasts. With strong ETF inflows, analysts see a $123K retest possible soon.
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BNB at $830 — ATH in Sight
BNB is now just 3–4% below its record high. A breakout above $840 could trigger a run toward $850–$861, supported by BNB Chain’s growing DeFi activity.
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Macro Impact
Inflation data cooled recession fears, sparking risk-on sentiment.
Sustained ETF inflows could push BTC to $125K, ETH to $5K, and BNB to a new ATH before the September Fed meeting.
📊 Next Watch Points: August CPI, whale accumulation, ETF flows.
