#Market Overview
Bitcoin (BTC) is trading around $118,470, up about 0.45% on the day. Trading ranges fell between roughly $117.9K and $118.5K, with recent institutional interest keeping BTC above the $118K support level .
Ethereum (ETH) is priced near $3,806, showing a +2.1% gain, driven by strong ETF inflows and heightened on-chain activity .
The total crypto market cap is estimated between $3.87–3.89 trillion, reflecting daily growth of around **0.3–0.4%** .
---
🔍 Trends & Insights
The market is experiencing consolidation after early‑month gains. While Bitcoin remains just under the $120K resistance zone (recent high trading around $118K–119K), Ethereum has outpaced it with stronger weekly gains (+1.4%) .
Institutional inflows and regulatory clarity—especially in the U.S.—are sustaining investor confidence, even amid profit‑taking from retail traders .
---
📌 Notable Developments
A Satoshi‑era Bitcoin whale allegedly sold off about $9 billion worth of BTC, sparking discussion over whether early holders are beginning to lose faith in longer‑term price strength .
Bitcoin Cash (BCH) surged over 5% to $580+, with analysts pointing to breakout patterns and targeting a potential push toward $620–680 .
Smaller tokens like OMNI, GLM, and FIS posted strong gains, with rises of around 30%, 24%, and 23%, respectively .
