Overview
- Bitcoin spot ETFs logged roughly $2.6 billion in early trading with BlackRock leading volumes, and analysts say the rebound has restored key support levels for BTC.
- Ethereum recovered above $4,000 after the sell-off, with on-chain data and treasury purchases reported by BitMine and large wallets cited as stabilizing factors.
- Analysts forecast a sizable shift from Bitcoin into leading altcoins, with some calling for a rotation approaching 50% if current trends hold.
- Avalanche and XRP led the bounce with gains reported at more than 15% since last week’s drop, while Cardano attracted fresh attention on consolidation patterns and upside targets contingent on support.
- MAGACOIN FINANCE’s presale was reported above $15 million with claimed CertiK and HashEx audits, though several articles include sponsored content and marketing details with limited independent verification.