The crypto world is experiencing a tale of two cities this week, with Bitcoin down 8 percent while Ethereum edges up in a dramatic divergence that’s got traders questioning everything they thought they knew about digital asset correlation. Bitcoin’s slide to around $113,000 has erased much of the momentum from earlier this month, while Ethereum quietly climbs 3% higher.
Here’s what this unusual split means for the broader crypto landscape.
Bitcoin’s momentum hits a wall
Bitcoin’s nearly 8% decline over the past week represents more than just a typical correction — it’s shaking the confidence of investors who were banking on sustained upward movement. The drop from recent record highs has many questioning whether Bitcoin’s market dominance is finally starting to show cracks.
The slide to around $113,000 erases weeks of gains and puts Bitcoin back in uncomfortable territory where bulls and bears are wrestling for…
