Bitcoin Defies Gravity: BTC Stands Firm as ETF Goes Live – August 13 Market Update
Bitcoin flexes its resilience as the crypto market watches ETF hype meet reality. No flash crash, no panic—just steady hands holding the line.
The ETF effect: More than just hype?
Traders expected fireworks, but BTC's stability post-launch suggests institutional money might actually be playing the long game for once. Imagine that—Wall Street showing restraint.
Altcoins ride coattails (mostly)
While majors like ETH track Bitcoin's lead, some fringe tokens are already pulling their classic 'pump-and-dump' routine. Some things never change in crypto's casino economy.
The bottom line:
Today proves crypto's maturing—but let's not get carried away. Remember: every 'game-changing' ETF launch still needs to survive the real test—the first 10% correction when paper hands meet market makers.
The global cryptocurrency market cap stands at $4.13 trillion, marking a 2.1% increase in 24 hours. Total trading volume hit $190.5 billion. Bitcoin leads with 57.7% dominance, followed by Ethereum at 13.4%. The number of cryptocurrencies counted till now is 18083 c... Read More
