Bitcoin and Ethereum show positive changes in the cryptocurrency market. As Bitcoin crosses the $81K mark, Ethereum recovers to $1.6K. Meanwhile, new projects like Cold Wallet are attracting investor attention.
Ethereum Updates
Earlier this month, Ethereum fell below $1,500, showcasing weakness. However, following the announcement of a 90-day delay on tariffs, its price surged nearly 10% to $1,609. Analysts warn that a lack of ETF demand could lead to a drop towards $1,000.
Bitcoin Market and Its Growth
Bitcoin increased from $74K to almost $82K within 24 hours, indicating rising interest. Nevertheless, there are market doubts due to record outflows from BTC ETFs, suggesting institutional investors may be cautious.
Cold Wallet Prospects
Cold Wallet offers a unique approach with DAO features and multi-tier staking. Its token $CWT, priced at $0.007, potentially aims for $0.35171, indicating a 50x return. Unlike the market hype, Cold Wallet focuses on real utility and functionality.
Despite the positive trends in Bitcoin and Ethereum, the market remains pressured by a lack of institutional interest. Meanwhile, Cold Wallet proposes innovative solutions that could attract investor interest.