Crypto is enjoying the risk-on mood. Bitcoin is back above $81,000, up 0.7%, while Ethereum gained 1%, Solana 1.8% and XRP 2.1%. Lower oil prices and stronger tech stocks are helping markets shake off the Fed and CLARITY Act hangover.
Ethereum and Solana have some institutional help. ETH ETF flows turned positive on Sept. 18 after heavy selling earlier in the week. SOL is also outperforming, supported by ETF demand and a network upgrade cutting target block times to 250 milliseconds. Apparently, crypto decided milliseconds matter too.
XRP rose 2.1% as investors eye institutional adoption, ETF inflows and the upcoming Batch V1.1 upgrade. The broader rebound looks healthy, but crypto’s mood still depends heavily on three familiar characters: Fed expectations, ETF money and Washington.
#BTC☀ #Ethereum
Ethereum and Solana have some institutional help. ETH ETF flows turned positive on Sept. 18 after heavy selling earlier in the week. SOL is also outperforming, supported by ETF demand and a network upgrade cutting target block times to 250 milliseconds. Apparently, crypto decided milliseconds matter too.
XRP rose 2.1% as investors eye institutional adoption, ETF inflows and the upcoming Batch V1.1 upgrade. The broader rebound looks healthy, but crypto’s mood still depends heavily on three familiar characters: Fed expectations, ETF money and Washington.
#BTC☀ #Ethereum