Bulls Take Charge as Institutions Pour In! 🚀
Today's crypto market is showing strong bullish momentum, with a massive influx of institutional capital driving prices higher. Here's a quick look at the top headlines:
1. Ethereum Leads the Rally
• Ethereum ($ETH) is the star of the show, outperforming Bitcoin and reaching a new four-year high above $4,300.
• This surge is being fueled by institutional demand, with over $6.7 billion flowing into US-listed Ethereum ETFs this year alone.
• The options market is reflecting this positive sentiment, with a put/call ratio of 0.39, indicating that traders are largely betting on a price increase.
