In the past 24 hours, the crypto market experienced a significant drop of nearly 4%. Without support from Bitcoin, 48 of the top 100 altcoins saw double-digit losses. Ethereum remained resilient with ongoing institutional investments despite the prevailing negative market sentiment.
BNB reached an all-time high, driven by robust demand for ETF products, exceeding 800 USD. Meanwhile, there is notable capital shifting from Bitcoin to Ethereum, indicating changing investor confidence, which may lead to a potential rebound in altcoin performance.
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