#dailyrecap
Bitcoin's Upward Momentum Sparks Altcoin Rally as Ethereum Eyes $2,569 π
β’
$btc sees $1.114 billion inflows last week, indicating strong buying interest, while its MVRV ratio climbs to 2.212, suggesting increased buying pressure.
β’
$eth trading at $2,418 with a daily volume of $26 billion, surges 8% in 24h. Price could breach $2,424 and target $2,569 if upward momentum continues.
β’
$btc's upward trend boosts altcoins:
$sol gains 7.8%,
$avax up 7.6%, and
$doge sees 8-10% gains, reflecting broader market optimism.
β’ $lilpepe gains traction amid macro tensions, dominating crypto discussions as investors shift focus from
$btc and
$eth to emerging projects.
β’
$plume overtakes
$eth as the blockchain with the most RWA holders, now accounting for 50% of all RWA holders, showcasing its growing network strength.