Ether’s bullish outlook strengthens as Bitcoin dominance falls below 60%, its lowest since February.
Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail.
Ether’s recent surge in social media dominance signals the potential risk for a price correction, according to Santiment.
Data shows the market still favors ETH even after Bitcoin’s sharp sell-off to $115,000.
Bitcoin is at risk of losing the $115,000 support, raising the chance that the recently started altcoin season could abruptly end.
The passage of the GENIUS Act is bringing renewed investor interest to Ether and Ethereum-native yield-generating opportunities.
XRP price fell by 10% as whales sold and wider market liquidations spread to the altcoin.
The digital asset service company joins a growing list of firms making stablecoin moves following the GENIUS bill’s passage into law.
ADA bounces off $0.75 support as bulls eye a rally toward $1, but resistance at $0.94 could pose a challenge for the next leg higher.
Ether price has more room to run, with big overhead resistance at $4,500 in place and several key support levels below.