Institutional momentum is building up in the crypto market with ETFs investing heavily in Bitcoin and Ethereum, indicating a bullish trend and potentially less volatility.
Governments are shifting towards integrating crypto into their financial systems, leading to renewed interest in altcoins like XRP, XDC, and LINK that support different functionalities.
Bitcoin is approaching a critical resistance level of $108K, with a potential breakout towards $110K, especially as tech markets show strong correlations to crypto trends.
Ethereum is gaining momentum with growing ETF inflows and relative strength against Bitcoin, setting the stage for a potential surge towards $7K-$8K in Q4.