Bitcoin briefly breached ATHs, climbing to $124.5K before a negative inflation report swiftly broke down markets on Thursday. With $ETH having been just shy of new ATHs, this week could see momentum swing back in Ethereum’s favor, absent any surprises from Fed Chairman Jerome Powell. Meanwhile, both onchain and traditional markets are seeing their own surges in activity.
Key Takeaways
- Ethereum continues to show signs of imminent outperformance, seeing 5x more ETF inflows than Bitcoin this week.
- The...