Bitcoin and altcoins both saw a strong bounce off their intraday lows, which signals that traders still view dips as buying opportunities.
Bitcoin’s rally to a $1 trillion market cap could attract more buyers to the crypto sector and boost the price of several altcoins.
Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king.
Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support.
With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a sign traders are selling ether for bitcoin.
Bitcoin and ether had record-breaking days while trending more together.
Cardano’s successful testnet integration of smart contract functionality and plans to enter the DeFi space back ADA’s 139% rally.
The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs.
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.
DeFi and the prospect of trading futures have crypto investors scooping up ETH.