Crypto Markets Mostly Flat, While ETH Surges Toward 2021 Highs
Ethereum is leading top cryptocurrencies today, after ETH ETFs see highest daily inflows ever.
Crypto markets are showing a mixed picture on Tuesday, Aug. 12, as Ethereum surges toward its 2021 highs, while Bitcoin stalls and liquidations top $400 million.
Bitcoin (BTC) remains range-bound today. As of press time, it’s trading at about $119,670, up 0.7% over the past 24 hours. BTC has gained 6% on the week, however, reaching above 122,000 yesterday.
Analysts at Glassnode noted in an X post today that Bitcoin’s returns “have been largely flat” over the past month, leaving it outperformed by most crypto sectors. Still, Glassnode pointed out in its weekly review, published on Monday, that…
