The remarks made by Federal Reserve Chairman Jerome Powell at the Jackson Hole Economic Symposium were interpreted by the market as dovish, leading to a significant rise in the cryptocurrency market. Analysts at Monarq Asset Management are optimistic about the recent market trends, expecting that Bitcoin prices may break the $5000 mark in the coming days. The company's Chief Investment Officer, Sam Gaer, pointed out that the demand for Ethereum from over-the-counter (OTC) platforms and market makers seems to be stronger than that for Bitcoin. He believes this could lead to Ethereum continuing to outperform Bitcoin in the short term. Nevertheless, Gaer also emphasized that Bitcoin still shows strong upward momentum. This view reflects the complex dynamics of the current cryptocurrency market, where investors need to closely monitor the relative performance of various digital assets.

BTC-3.14%
ETH-3.23%
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JustHodlItvip
· 14h ago
enter a position do to 5000
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AltcoinMarathonervip
· 08-23 10:52
mile 23 vibes rn... eth leading the pack while btc's finding its rhythm
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TokenAlchemistvip
· 08-23 10:51
yield farmers rly think btc matters when eth arbitrage surface is literally printing alpha rn smh
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ApeDegenvip
· 08-23 10:50
Brothers, charge!
View OriginalReply0
SignatureVerifiervip
· 08-23 10:44
technically speaking, these otc volume patterns need further verification... quite sus
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