Spot ETF outlflows, falling DEX volumes and a declining ETH futures premium may be preventing Ether from rallying, but flipping them could catalyze a rally to $2,400.
Bitcoin mass adoption by institutional investors has resumed, but global instability and the risk of rising US inflation put a lid on BTC’s breakouts above $70,000.
Bitcoin was down 44% from its $126,000 all-time highs as key onchain and technical indicators suggested BTC is entering the late phase of the bear market.