The titans of the market! Bitcoin and Ethereum consolidate 👑
As the cryptocurrency market adjusts, the kings Bitcoin (BTC) and Ethereum (ETH) show undeniable strength. Their recent consolidation is not a sign of weakness, but of the conviction of their investors.
* Bitcoin (BTC): Trading between $117,000 and $119,000, BTC has seen a slight recent decline, but its annual performance remains spectacular. The key lies in the "hodl" behavior: less than 23% of its supply has moved in the last six months, a sign that its holders are betting long-term.
* Ethereum (ETH): In the range of $4,400 to $4,500, Ethereum has seen a more pronounced correction, but its role as a pillar of decentralized finance (DeFi) and smart contracts remains its main engine. The utility of ETH is its greatest asset.
Both cryptocurrencies are showing a strong holding pattern and a solid foundation. Their leadership in the market is unquestionable.
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