Bitcoin (BTC) price stabilizes at 35K, SOL has been rising for five consecutive days, bullish sentiment in the futures market

Bitcoin (BTC) price stabilizes at 35K, with a 29% increase in the last 30 days; ETH price is at 1860, with a 12% increase in the last 30 days. The "London Upgrade" will not be implemented this year, showing weaker performance compared to BTC. In terms of overall market share, Bitcoin stands at 52.8%, while Ether (ETH) is at 17%.

Bitcoin (BTC) price stabilizes at 35K, with a 29% increase in the last 30 days; Ethereum (ETH) price is at 1860, showing a 12% increase in the last 30 days. The "London Upgrade" will not be implemented this year, performing less strongly than BTC. Bitcoin's overall market dominance is at 52.8%, while Ethereum (ETH) stands at 17%.

Related reading: Federal Reserve keeps interest rates unchanged, Bitcoin surpasses 35K, first time since LUNA crash

The strongest daily increase is still seen in SOL, which has been rising for five consecutive days and is at 42 USD at the time of writing, an 80% increase in the last 30 days, surpassing the pre-collapse level of FTX by about 30 USD. SOL's trading volume to market cap ratio is still high at 0.21, compared to Bitcoin's 0.03, indicating very active trading:

According to Coinglass data, the majority of the contract market is showing a positive funding rate, where longs have to pay fees to shorts, indicating a bullish market.