Bitcoin cools from May peak as Ethereum slips under $2,000
Bitcoin's wild ride slowed down this week. After peaking near $83,000 in May, it's now sitting at $73,000.
Ethereum followed suit and is trading below $2,000.
Both coins are feeling a bit of short-term pressure, but long-term holders and ETF inflows are still giving Bitcoin some backup.
Altcoins volatile amid US ETF outflows
The overall crypto market barely budged (up just 0.09% to $2.48 trillion).
Altcoins were all over the place: BNB, XRP, Solana, Dogecoin, and Hyperliquid jumped as much as 20%, while Tron and Cardano slipped a little.
Meanwhile, U.S.-listed spot Bitcoin ETFs saw their longest streak of outflows yet, so big investors seem to be cooling off for now.
On the bright side for Ethereum fans: upgrades and more staked ETH are keeping optimism alive about its future.