It’s been an exciting week in the crypto market, and we’re here to break it all down for you. As you might have noticed, BTC rallied quite hard in response to the CPI and the spot Bitcoin ETF inflows.
You may have also noticed that ETH is starting to wake up, at least relative to BTC. This is because the SEC is expected to decide about the spot Ethereum ETFs in the coming days, and it could be surprising.
At the same time, it looks like both Tether and China have started printing money, which is supporting the crypto market for different reasons. Not surprisingly, last week’s top performing cryptos rallied hard.