Bitcoin recovers price: Bitcoin returned to 95,000 USD on Thursday after the PCE index was released, indicating macroeconomic conditions are improving.
Investment shift: Bitcoin’s market share decreased to 61.5%, indicating a shift in investor attention towards Ethereum.
Ethereum’s growth: Ethereum increased by 11.65%, reaching 3,688 USD, showing that capital continues to flow into ETH-focused ETFs.
Warnings from QCP Capital: QCP Capital warns that Bitcoin may encounter resistance as the price increases, but Ether’s strong performance may lead to a return to its all-time high.
Leave a Reply