Bitcoin Surges While Ethereum Stagnates: Weekly Crypto Market Insights

Bitcoin is currently showcasing a bullish trend, trading between $83,000 and $90,000, driven by strong investment inflow and macroeconomic factors. Conversely, Ethereum remains stagnant around $1,520 to $1,700, needing to surpass $1,700 to shift market sentiment. Investors should be mindful of macroeconomic influences which could impact price movements in the coming days.

Crypto assets Bitcoin and Ethereum are exhibiting distinct price movements ahead of the upcoming week. According to Ryan Lee, Head of Bitget Research Team, Bitcoin (BTC) is currently experiencing bullish momentum, trading between $83,000 and $90,000, with prevailing market trends indicating a potential trend reversal following its breach of the $87,000 threshold.

Several factors underpin Bitcoin’s price surge, including heightened investment in Spot ETFs and a reduction in miner sales after the recent halving. The strengthening of gold and a weakening US Dollar further enhance Bitcoin’s market appeal as a safer investment asset.

Conversely, Ethereum (ETH), as the second-largest crypto asset, remains stagnant, fluctuating around $1,520 to $1,700. Limited Layer 2 activity and a weakened ETH/BTC ratio are leading to a subdued price movement compared to Bitcoin.

Ryan highlighted that ETH needs to surpass the $1,700 mark to shift market sentiment positively. Investors should also consider macroeconomic factors influencing price direction over the coming weeks, particularly ongoing tariff discussions that may impact various investment instruments, including cryptocurrencies.

Any significant changes in macroeconomic phenomena or regulatory policies could lead to rapid alterations in market dynamics, necessitating careful monitoring by investors for upcoming trends.