Bitcoin (BTC) is trading around $119,330, continuing its upward trend and flirting with all-time highs amid renewed institutional inflows.
Ethereum (ETH) sits near $2,985–3,005, boosted by growing confidence in staking and smart‑contract usage—fueling interest from both crypto firms and traditional finance.
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📈 What’s Pushing Prices?
Spot ETF inflows: For the past week, U.S. spot BTC ETFs have pulled in over a billion dollars per day, as investors rotate out of equities and into crypto. This is a key driver behind BTC’s rally to new highs near $119K–$120K.
Strong institutional momentum: Chainlink, Coinbase, MicroStrategy and other firms are now increasing their exposure to Ethereum through both staking and treasury allocations.
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⚖️ Market Sentiment & Volatility
Over 99 of the top 100 cryptos are in the green, with total market capitalization near $3.7–3.73 trillion, reflecting broad bullish sentiment.
Despite hype, analysts caution against volatility—especially as Bitcoin nears the psychologically significant $120K mark.
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📰 Notable Crypto News
Thousands of users of Ziglu (a UK crypto fintech) are facing a $2.7 million shortfall after the platform entered administration, raising concerns about consumer protection.
The Bank of England governor issued a warning about stablecoins, citing potential monetary and financial stability risks.
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