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Ethereum (ETH) Flies to 11-Week High, Bitcoin (BTC) Rejected at $105K (Market Watch)

  • Bitcoin's price remained relatively stagnant despite US CPI numbers being slightly lower than expected.
  • Ethereum (ETH) surged to a new 11-week high of almost $2,750, reversing its recent sluggish performance.
  • BTC reached a multi-month peak near $106,000 but faced rejection, dropping below $101,000 before bouncing back to around $103,000.
  • Other altcoins like RAY and ENA experienced significant price surges, contributing to the total crypto market cap rising above $3.460 trillion.

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