**Crypto Market Update: Bitcoin Stalls, Ethereum Takes Center Stage**
**Bitcoin’s Rally Hits a Wall**
The recent crypto rally has lost steam, with Bitcoin struggling to break through the $120,000 level. This stagnation comes as institutional investors are taking profits, leading to a significant decline in demand. As a result, Bitcoin’s price has consolidated below the coveted $120,000 mark, leaving many wondering what’s next for the cryptocurrency.
**Institutional Investors Take a Step Back**
A key indicator of institutional demand, ETF inflows into Bitcoin, has plummeted by 80% this week to just $496 million. This dramatic drop suggests that big investors are no longer driving the market upward. With institutional support waning, Bitcoin’s price has become increasingly vulnerable to market volatility.
**Ethereum Takes the Spotlight**
As Bitcoin’s rally falters, market attention is shifting to Ether (ETH), the second-largest cryptocurrency by market capitalization. Analysts believe that Ether’s capital flows will be the key to guiding the next market move. With Ethereum’s decentralized finance (DeFi) ecosystem continuing to grow, investors are increasingly looking to Ether as a potential driver of market momentum.
**Market Context: A Shift in Sentiment**
The recent decline in institutional demand for Bitcoin is a significant shift in market sentiment. Just weeks ago, Bitcoin was surging to new all-time highs, driven in part by institutional investment. However, with profit-taking and decreasing demand, the market is now looking for a new catalyst to drive prices higher. Ethereum, with its growing DeFi ecosystem and increasing adoption, is well-positioned to fill this role.
**What’s Next for Crypto?**
As the market continues to evolve, one thing is clear: Ethereum’s capital flows will be closely watched in the coming days and weeks. Will Ether’s growing popularity be enough to drive the next market move, or will Bitcoin regain its footing? Only time will tell, but one thing is certain – the crypto market remains full of surprises.
