#BTCvsETH 📈 Market Overview

• Bitcoin (BTC) is stabilizing around 119,300 USD, slightly rising after hitting an intraday peak of 119,524 USD.

• Ethereum (ETH) is trading around 3,788 USD, with an increase of nearly 3% for the day, the highest in several months.   

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📰 Featured News

1. “Crypto Week” in the U.S. creates a big boost

• The U.S. Congress passed 3 important bills: GENIUS Act, Clarity Act, and Anti-CBDC Surveillance Act. Among them, the GENIUS Act has been signed into law, paving the way for regulations regarding USD-backed stablecoins .

• This event created a positive impact on the entire cryptocurrency market: BTC jumped to nearly 120k, ETH surged strongly by 6–9%   .

2. Ethereum outperforms Bitcoin

• ETH has increased by about 50% compared to BTC since April, reaching a 4-month high and approaching a target of an additional 30% increase over BTC (approximately ~0.035 BTC/ETH) according to some technical analyses .

3. Strong institutional capital flow into Ethereum

• This quarter, physical ETH ETFs have attracted over 2 billion USD, contributing about 20% of total assets under management (AuM), while BTC ETFs are around 9.8%  .

• Companies like BitMine, SharpLink, Bit Digital… have begun shifting reserves to ETH and reaping significant profits .