Why Bit Digital’s Bold ETH Gamble and $1 Billion Share Strategy Could Flip the Crypto Game Forever
Market trends
At the time of writing, Ethereum was trading at $3,883.86, following gains of 1.95% gain in the last 24 hours. Community sentiment has been overwhelmingly bullish, with 82% of participants optimistic about ETH’s future.
Institutional interest has been surging too, as evidenced by $452.8 million in ETH ETF inflows tracked by Farside Investors.
This isn’t a sign of Bitcoin losing relevance, but rather a clear indication that Ethereum is solidifying its position as the leading altcoin. Especially as it fends off competition from Solana.
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