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ETH Joins the Party: Altcoin Rally Defies Wall Street’s Bearish Whispers
ETH Joins the Party: Altcoin Rally Defies Wall Street’s Bearish Whispers
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Ethereum finally wakes up—climbs 12% while TradFi analysts scramble to explain how ’speculative garbage’ outperformed their gold ETFs.
Market Pulse: The entire altcoin complex gets a lift as Bitcoin dominance dips below 45%. Even legacy tokens like XRP and ADA post double-digit gains, suggesting this isn’t just a meme-coin frenzy.
Behind the Move: On-chain data shows whales accumulating ETH derivatives at the fastest pace since the Merge. Meanwhile, SEC chair’s ’crypto isn’t securities’ slip-up during a CNBC interview may have triggered algorithmic buy walls.
Cynical Take: Goldman Sachs will launch a ’blockchain exposure basket’ just in time for the correction—as is tradition.
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