Bitcoin lasts over 100,000 US dollars, while Ether Rockets have been up to his best week in 2021 Rockets

The cryptocurrencies expanded their rally to the week, with Bitcoin being steadfast over the level of $ 100,000, while Ether overtook the best week since 2021.

The price of Bitcoin According to Coin metrics, almost 2% was $ 103,144.27 on Friday. Before that, it increased up to $ 104,324.65, its highest level since January 31. For the week, Bitcoin has increased by more than 6% and for his fourth positive week in follow-up and the first four-week winning streak since November.

“This step over $ 100,000 should be regarded as more than just euphoria, but as proof of a flow-driven shift,” said Gadi Chait, head of the investment at Bitcoin native Xapo Bank. “The whales have accumulated on chains, ETF demand continues to set new records, and investors are looking for a neutral assets in the middle of a macro-like tariff-shaped area. Bitcoin-Bitcoin-compatrios version, lifts continents and Bitcoin reduced. “

The risk-on feeling was bleeding into old coins or cryptocurrencies that are not Bitcoin, most of which had difficulties to keep up with bitcoins this year. etherOne of the biggest stragglers increased by 11%and brought his two -day profit of up to 29%. A 7% increase in the token that are bound Solana brought his two -day profit to 17%.

This week, the Ethereum network has also completed its latest technological upgrade pectra, which enables lower network fees, optimized ether settings and support for intelligent wallets.

So far, ether has been up to date by 26% of the week and in the best week since May 2021. The Solana token added about 16% this week, which is the best week since January.

So far, ether and other important old coins – with the exception of XRP – have still been deep in red compared to Bitcoin. While the flagship crypto has increased by 11%, ether and the Solana token are 30%or. 11%dropped.

The market structure of Bitcoin changed after the introduction of Spot -Bitcoin -Tfs in 2024, whereby the demand is now from retirement provision accounts, macro funds and corporate bonds such as strategy. In contrast, old coins still rely on crypto-native risk capital, which, according to the higher tech sector, has not shown a significant growth in addition to the higher tech sector, according to the higher tech sector.

Bitcoin will probably continue to exceed until a broader capital flows into old coins, he added, given their steady offer and the lack of a structural buyer base, which is likely to be lower until they attract speculative interest.

“For us, there is a unique strategy for crypto investors: stick to BTC until the risk of head wind is dissolved,” said Wolfe Research Analyst Read Harvey this week. “The coin is one of only two in our basket positive a year and dominates the rest of the room relatively further. The question now shifts in the direction of when it can maintain the latest outperformance compared to stocks or whether gold was right all the time.”

– Nick Wells from CNBC contributed the reporting