Bitcoin Holds Firm As Ethereum Leads Weekly Crypto Gains
Cryptocurrency markets posted a mixed but resilient performance for the week ending July 4, with Bitcoin holding near US$108,000 and Ethereum climbing steadily above US$2,500, buoyed by strong institutional interest and options market activity.
Bitcoin briefly touched highs above US$110,000 midweek, driven by robust inflows into spot Bitcoin exchange-traded funds (ETFs), which neared US$50 billion in assets under management. However, momentum eased on July 4 following a stronger-than-expected US jobs report and renewed trade policy concerns, bringing Bitcoin back to close the week around US$108,165, down slightly from its peak.
Analysts say a decisive break above the US$114,000 resistance level could…
