Ethereum Rises Amidst Bitcoin’s Slight Dip

Recent market shifts indicate a growing interest in Ethereum over Bitcoin, with investors increasingly shifting funds toward the Ethereum blockchain. This trend is evidenced by CoinShare’s data showing $1 billion outflow from Bitcoin while Ethereum saw a substantial influx of $2.5 billion last month. A major whale transaction further highlights this dynamic: 22,769 Bitcoin exchanged for 472,920 Ethereum. Meanwhile, MicroStrategy has bolstered its Bitcoin holdings with an acquisition of 3,081 BTC, potentially stabilizing market outlook.