Crypto Market Discount: Ethereum, Cardano and XRP Added to September Altcoin List
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- Ethereum ETFs hit $2.9B weekly inflows, fueling whale accumulation fast.
- Cardano treasury unlocks $71M, boosting development and investor confidence.
- XRP gains momentum after SEC clarity, whales and institutions piling in.
The crypto market has taken a breather after a sharp but short-lived rally. Bitcoin and Ethereum both gave back some gains, while Federal Reserve Chairman Jerome Powell hinted at possible interest rate cuts in September.
Bitcoin is trading around $110,000 and Ethereum has dropped 5%. With prices pulling back across the market, choosing the right altcoins to stack before September could be important. Analyst AltcoinBuzz has listed five strong picks.
Ethereum Leads the Pack
Ethereum remains the clear frontrunner when it comes to altcoins. Often described as the “gateway to altcoin season,” ETH has historically been the asset that rallies just before smaller tokens take off.
ETF activity is the biggest driver right now. Spot ETH ETFs are shattering records, with inflows topping $1 billion in a single day on August 12 and surpassing $2.9 billion across a single week.
The post Crypto Market Discount: Ethereum, Cardano and XRP Added to September Altcoin List appeared first on Coin Edition.
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