Market Overview

Bitcoin (BTC) is hovering around $114,968, down ~2.9% over the past 24 hours, showing notably low volatility in recent sessions—indicating a neutral short-term bias.  

• Ethereum (ETH) trades near $3,662, reflecting a ~4.5% dip from its recent high. Despite the pullback, institutional demand—particularly via ETF inflows—is gaining strength. 

📈 Key Movers & Market Insights

Bitcoin dominance is rising for the third consecutive year, currently around 61%, reinforcing BTC’s grip on overall sentiment. 

• Ethereum momentum remains robust, fueled by investor confidence in DeFi-enabled ETFs and bullish institutional positioning. Some analysts suggest ETH may climb to the $17,000 level by 2026.   

• Altcoins show mixed performance: Solana (SOL) trades near $170–$177, down ~2%, but retains high trading volume and allure for traders. 

🧩 On‑Chain & Institutional Developments

• On-chain data shows Bitcoin whales accumulating, implying underlying interest despite sideways price action—some analysts view this as a precursor to a rally. 

• Hedge fund interest is soaring: Syz Capital is raising over $200 million in Bitcoin, and MicroStrategy reported nearly $10 billion net profit in Q2, largely from BTC gains.

#BTCPrediction

#ETH

#solana

#altcoins