ETH Steals the Spotlight, BNB Taps New Record, BTC Cools Off: Your Weekly Crypto Recap

Key Points

1. Bitcoin's price fluctuated between $117,000 and $120,000 before dropping below $115,000, while altcoins like LTC, ENA, and CRO saw significant movements.

2. BlackRock's Ether ETF became the third fastest fund to reach $10 billion in assets under management within a year, driven by substantial inflows.

3. Ripple's XRP price crashed from over $3.4 to $3 within 48 hours, possibly due to a $140 million sell-off by a co-founder.

4. Robert Kiyosaki recommended owning real Bitcoin instead of ETFs, emphasizing direct ownership.

5. CryptoQuant analysis indicated Bitcoin's recent price surge to over $123,000 was driven by institutional investors rather than retail traders.

6. Bitfinex analysts noted Bitcoin's near-term fragility as investors shifted focus to altcoins, some of which reached new peaks.