People joke that ETH is basically a stablecoin now.


But look at the market – compared to most alts, Ethereum is holding strong.
We think its future looks bright.
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ETH-1.79%
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Bitcoin is under pressure at 92000 USDT, and the market volume is at its lowest level since July.
Last week, the crypto market volume was sluggish, with Bitcoin encountering resistance at 92000 USDT, despite rising expectations for interest rate cuts. The total market capitalization was approximately 3.1 trillion USD, up 4% from the previous week. The trading volume for Bitcoin and Ethereum was 31% and 43% below their averages, respectively, with low on-chain activity. In the futures market, the funding rates for Bitcoin and Ethereum were 4.3% and 20.4%, respectively.
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