Global #Ether ETH

Bitcoin (BTC) is trading at $57,500, reflecting a 1.5% drop in the past day and nearly a 10% decrease over the past week. Despite holding a market cap of $1.1 trillion and commanding a 54% market dominance, the largest cryptocurrency is experiencing significant volatility.

Ether (ETH) has experienced a notable 13% drop below the crucial $3,000 level since early August, but recent onchain metrics suggest that the correction might soon be coming to an end.

The global digital assets market is experiencing significant turbulence as Bitcoin (BTC) ends its recent gaining streak, facing substantial volatility and downward pressure.

On August 5th, the cryptocurrency market witnessed a dramatic downturn as Bitcoin (BTC) plummeted to as low as $52,500, marking a steep 10% drop from its recent high of $58,350 in just under two hours.

In a significant boost to the cryptocurrency market, Bitcoin (BTC) and Ether (ETH) have led a wave of institutional investment, attracting a combined $17.8 billion in inflows during the past week.

Ether (ETH), the second-largest cryptocurrency by market capitalization, is poised for a significant price surge, with analysts predicting it to reach $6,500 by the end of the year. This bullish outlook is primarily attributed to the anticipated influx of investments into spot Ethereum Exchange-Traded Funds (ETFs).