The recent surge of Ethereum above $4,000 highlights its growing appeal among investors. Meanwhile, Bitcoin faces outflows while altcoins like MATIC and ARB see significant gains.
Bitcoin Outflows versus Ethereum Demand
The sentiment gap between Bitcoin and Ethereum widened over the week. Bitcoin ETFs recorded their fourth consecutive day of outflows, totaling $196.18 million. The primary sources of these outflows were Fidelity and BlackRock funds, losing $99.11 million and $77.42 million respectively. Meanwhile, Ethereum ETFs saw renewed interest, attracting $73.22 million, mainly driven by inflows into BlackRock's fund.
MATIC and ARB Gain Momentum Alongside Ethereum
Polygon (MATIC) holds strong above $0.2450, with bullish eyes on the $0.27 resistance level. A break could pave the way to $0.30 and possibly $0.35 if Ethereum maintains its momentum above $4,000. Arbitrum (ARB) is staging a technical breakout, reclaiming its 200 EMA and flirting with the $0.4025 resistance level. On-chain metrics show Arbitrum's TVL nearing $3 billion, with stablecoin inflows exceeding $8.29 billion.
Growing Demand for MAGACOIN FINANCE
While Bitcoin and Ethereum grab headlines, demand for MAGACOIN FINANCE is accelerating and supply is tightening. With over 12,000 holders and $11.7 million secured, early participants are moving quickly to secure positions before the next valuation jump.
With ETH holding above $4,000 and altcoins like MATIC and ARB extending gains, attention is shifting towards high-momentum presales such as MAGACOIN FINANCE, where scarcity is now a significant factor.
