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)
Frequently asked questions
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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.
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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.
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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.
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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.
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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.