Floki Inu (FLOKI) is down 5% on Wednesday following crypto exchange Coinbase’s announcement that the token will begin trading on its platform over the next 24 hours.
Ethereum (ETH) trades near $3,040 on Wednesday as on-chain data reveals a mix of capitulation and profit-taking among long-term holders. The selling pressure stems from investors potentially rotating into other better-performing altcoins in the past week.
Bitcoin (BTC) surged to a new high of $94,750 on Wednesday, buoyed by Grayscale’s launch of Bitcoin ETF options following BlackRock’s record-breaking debut on Tuesday. This fuels optimism for a rally toward $100,000, althoughcaution is advised as on-chain metrics hint at the potential for a pullback.
