Loading prices…
🔥BULLISH

Bitcoin Holds Above $77.6K as Weekly Gain Tops 21%

Market breadth remains selective: BTC dominance is 57.3% and the Altcoin Index is 42/100, while the Fear & Greed Index sits at 73.

Bitcoin was at $77,605 on Monday, up 1.77% on the day and over 21% on the week. Ethereum traded at $2,462, up 2.83%, as traders paused ahead of Fed Chair Kevin Warsh's first Jackson Hole address.

Why it matters

The total crypto market stood at $2.72T, with BTC dominance at 57.3%. The Fear & Greed Index was 73, in the Greed range, while the Altcoin Index was 42/100. The figures point to a strong but selective rally, with Bitcoin carrying more of the market's weight than altcoins.

Market impact

Bitcoin and Ethereum ETF inflows reached a 10-month high, adding a supportive flow signal. Warsh's Jackson Hole address is the immediate macro focus after the sharp weekly move.

The sector picture is mixed. Term Labs lost $8.5M in a governance exploit, while Solana cut its slot time to 350ms in its first reduction since genesis.

Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJKjmqL9GTN16GYUyJtpXMvIpDyugrDAALRH2sbIQNgSDjx-_DdczfLAQADAgADeQADPQQ)

Related tokens
$BTC $ETH $SOL

Frequently asked questions

  1. How did Ethereum perform compared with Bitcoin on Monday?

    Ethereum traded at $2,462, up 2.83% on the day, while Bitcoin gained 1.77% on Monday and over 21% on the week.

  2. Why do the 10-month ETF inflows matter?

    Bitcoin and Ethereum ETF inflows reached a 10-month high, adding a supportive flow signal behind the rally.

  3. What do BTC dominance and the Altcoin Index show?

    BTC dominance was 57.3% and the Altcoin Index was 42/100. The readings point to selective participation rather than a broad altcoin move.

  4. What macro event were traders watching after the weekly gain?

    Traders paused ahead of Fed Chair Kevin Warsh's first Jackson Hole address, making the speech the immediate macro focus.

  5. What security and infrastructure developments accompanied the rally?

    Term Labs lost $8.5M in a governance exploit, while Solana cut its slot time to 350ms in its first reduction since genesis.

Source attribution
Aggregated from Crypto Rank News · Verified · Last refreshed 1h ago
Open original →