Ethereum (ETH) trades around $4,300 on Monday following mixed sentiment from corporate treasuries and investors in ETH exchange-traded funds (ETFs). While the former continued its ETH buying spree with BitMine leading the charge, the latter recorded five consecutive days of net outflows.
Bitcoin (BTC) extends recovery near $113,000 on Thursday, supported by enhanced market sentiment and reduced selling pressure. Altcoins led by Ethereum (ETH) display recovery signs, following Bitcoin’s footsteps.
Ethereum extended its decline by 5% on Tuesday, breaching the $4,200 level following a rise in short-term volatility, validator queue exits and institutional outflows.