🔥 Today's Crypto Market Update: BTC & ETH
📉 Bitcoin (BTC) is currently trading around 108,809 USD, slightly down after hitting a low near 107,000 USD – the lowest in 2 months. Selling pressure from whales and weakened ETF inflows have prevented BTC from making a strong rebound.
📉 Ethereum (ETH) is at 4,353 USD, down nearly 3% for the day. Nevertheless, ETH continues to demonstrate great appeal to institutions as:
Ethereum ETF recorded inflows 10 times that of Bitcoin.
ETH accounts for over 70% of the tokenized real asset (RWA) market share, affirming its role as the core infrastructure of digital assets.
🚨 Notably, a large whale sold over 4,000 BTC (~433 million USD) to shift towards accumulating Ethereum, signaling a capital shift from BTC → ETH.
💡 Additionally, Bitcoin is also set to upgrade to BRC-2.0, allowing integration of the Ethereum Virtual Machine (EVM) and smart contract processing – ushering in a new era for DeFi & NFTs on BTC.
✅ Quick Summary:
BTC: 108.8K USD – selling pressure from whales.
ETH: 4.35K USD – leading in ETFs & RWA.
Capital flow trend: ETH > BTC.
Highlight: Bitcoin is preparing to integrate Smart Contract.