Today’s snapshot: The crypto market cap climbs 2.3%, surpassing $4.12 trillion, as institutional demand hits all-time highs. Bitcoin edges toward $119K while Ethereum rockets above $4.6K, powering across multi-year highs.
Meanwhile, altseason is firmly underway-sector leader Ray Youssef says the surge that began in April has hit its stride this August.
What’s Driving the Action
* Institutional Inflows Dominate: Floods of capital are propelling ETH and Bitcoin higher, signaling renewed institutional trust.
* Ethereum in the Fast Lane: ETH’s stunning breakout to $4,600+ underscores its dominance—fueled by ETF demand and whale accumulation.
* Altcoins Claim Their Day: With rising interest and momentum, expect broader participation across the altcoin spectrum.
Final Thought
Crypto clearly isn’t just trending—it’s rallying in full speed. With ETH leading the charge and altcoin interest peaking, this is a momentt for traders tostay sharp and aligned with momentum.
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