
{"id":91041,"date":"2025-08-25T12:17:13","date_gmt":"2025-08-25T12:17:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91041"},"modified":"2025-08-25T12:17:13","modified_gmt":"2025-08-25T12:17:13","slug":"bitfinex-alpha-eth-climbs-as-btc-consolidates","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91041","title":{"rendered":"Bitfinex Alpha | ETH Climbs as BTC Consolidates"},"content":{"rendered":"<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/go.bitfinex.com\/BFXAlpha169\">Download full report<\/a><\/div>\n<\/div>\n<p>As the annual Jackson Hole Economic symposium of central bankers got underway last week, <a href=\"https:\/\/trading.bitfinex.com\/t\/BTC:USD?type=exchange\">Bitcoin<\/a> was on the defensive, sliding nearly 10 percent from its highs as investors de-risked into weaker ETF flows and hotter inflation data. The tone, however, flipped sharply post-symposium after Fed Chairman Jerome Powell struck a dovish balance, sparking a short squeeze across digital assets that lifted majors and restored market confidence. <a href=\"https:\/\/trading.bitfinex.com\/t\/ETH:USD?type=exchange\">Ethereum<\/a> outperformed, surging to fresh all-time highs, reaching $4958.70 on Sunday, reinforcing its emerging role as a key liquidity driver for institutional demand, while continued BTC consolidation signals a pause rather than structural weakness.<\/p>\n<p>Flows remain the central driver of price: US spot ETFs saw their <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/8\">heaviest week of outflows<\/a> since April, with Bitcoin ETFs seeing $1.18bn of net outflows while Ethereum ETFs lost $197m in a single day.\u00a0<\/p>\n<p>Yet treasury accumulation has stepped in to absorb supply, keeping net structural demand <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/9\">resilient<\/a>. With global liquidity still trending higher and ETH corporate treasury balances expanding beyond $10B, the long-term backdrop remains constructive. BTC looks set to trade <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/11\">range-bound<\/a> in the near term, while ETH leads rotation and altcoins await broader vehicles to unlock sustained inflows later in the cycle.<\/p>\n<p>Federal Reserve Chair Jerome Powell\u2019s Jackson Hole speech boosted markets with expectations of a September rate cut. Still, he stopped short of firm commitments that he would do so, <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/13\">stressing<\/a> the Fed\u2019s balancing act between inflation and employment. While Treasury yields fell and equities rallied, Powell signalled a more cautious stance than in past cycles, suggesting cuts may be limited. Meanwhile, the US housing market showed <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/16\">resilience<\/a> with a July rebound in multifamily construction, though permits fell to a five-year low, reflecting builder caution.<\/p>\n<p>Mortgage rates have eased slightly but remain elevated, keeping affordability strained. Beyond housing, stronger business activity in both manufacturing and services suggests economic momentum, but rising input costs and higher consumer prices point to persistent inflation pressures.<\/p>\n<p>In parallel, the crypto industry saw significant moves: <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/20\">Thailand<\/a> launched a pilot crypto-to-baht programme to boost tourism, <a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/22\">SharpLink Gaming<\/a> expanded its Ethereum holdings past 740,000 ETH, and the CFTC widened its \u201c<a href=\"https:\/\/issuu.com\/docs\/2bdab7596ab1ddf046fb665dbd617472\/24\">Crypto Sprint<\/a>\u201d to advance US digital asset regulation in coordination with the SEC.<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/blog.bitfinex.com\/bitfinex-alpha\/bitfinex-alpha-eth-climbs-as-btc-consolidates\/\">Bitfinex Alpha | ETH Climbs as BTC Consolidates<\/a> appeared first on <a href=\"https:\/\/blog.bitfinex.com\/\">Bitfinex blog<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Download full report As the annual Jackson Hole Economic symposium of central bankers got underway last week, Bitcoin was on the defensive, sliding nearly 10 percent from its highs as investors de-risked into weaker ETF flows and hotter inflation data. The tone, however, flipped sharply post-symposium after Fed Chairman Jerome Powell struck a dovish balance, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-91041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91041"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91041"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91042"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}