Against the backdrop of the Pectra hardforte and positive news, Eth showed a “crazy” day candle - the price rose above $ 2300, the daily increase exceeded the BTC, which was fixed over $ 103,000.
Top move per day:
- Ethereum: +18.8%
- Dogecoin: +13.0%
- SOLANA: +8.6%
- BTC: +4.5%
The total liquidation for 24 hours is $ 878 million, of which:
Economist Alex Krueger:
BTC growth above $ 99K caused a cascade of shorts for shorts. ETH followed - already on new longs.
Additional drivers:
- Coinbase x deribit ($ 2.9b)
- The trade agreement of the United States and the UK is positive for the regulatory environment
