1. 🚀 Bitcoin (BTC) price increase:
💰 Bitcoin crosses $99,000, setting new records.
📉 ETH/BTC rate drops to 0.032, lowest since March 2021.
🇺🇸 Donald Trump's re-election pushes Bitcoin past $98,300 with $100,000 expected.
😱 Fear and Greed Index: 82 (excessive greed).
2. 📉 Ethereum (ETH) Performance:
🔻 40% drop against Bitcoin since the beginning of 2024.
📈 Up 7% in 24 hours, despite losses in spot ETFs.
💼 Bitcoin funds attract $1.6 billion in investments in two days.
🔗 Ethereum's correlation to Bitcoin falls to 3-year low.
3. ⚔️ Competition and regulatory challenges:
🕸️ Solana is stepping up the challenge for Ethereum.
⚖️ Regulatory uncertainty undermines investor confidence in Ethereum.
4. 🌟 Market Future:
🥇 Bitcoin outperforms Ethereum as performance gap widens.
💡 Optimism dominates with Bitcoin ETF support and investment expansion.