$AVAX
Trending UpSnapshot Window: 2026-07-16 09:30 UTC · ← Back to Crypto Overview
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Crypto is finally showing some strength again $BTC is climbing, $ETH is leading the market, and this rally might have more behind it than just hype. Here's what's driving it [Spoken audio]: Is crypto finally catching a bit? This time, there's real reasons behind the move. Bitcoin has climbed back to $64,730, up nearly 3.2% over the last seven days, and extending its recovery from July 1st when hitting as low as $57,000. Ethereum is now leading the charge, sitting at around $1,875, up 7% on the week, and outpacing Bitcoin by quite a large margin. On another positive note, the fear and greed index has increased, moving from 27 to 35. We are still sitting in the fear territory, but there's a clear shift happening in sentiment. And we believe the catalyst was Monday's June CPI report. Headline inflation dropped 0.4% month over month, which is the sharpest month of decline since May 2020, pulling the annual rate down to 3.5% from 4.2%. But why is Ethereum outperforming Bitcoin? We believe this is due to the Glamster Dam upgrade. It's the network's biggest change since the merge. Historically, Ethereum rallies hard into major upgrades. And the market is already positioning ahead of the activation. So,
Bitcoin Short-Term Elliott Wave Analysis & Our Roadmap As long as we stay above $61,800, there's no disruption in the short-term bullish scenarios. As I always say: If Bitcoin is truly going to rise strongly, it shouldn't make very deep corrections around here. Last