At spot rates, Bitcoin and top altcoins like Ethereum and Solana continue to edge higher. Despite the retracement earlier today, BTC is firm and trending above the $60,000 psychological round number. At the same time, ETH and SOL prices are firm above $3,300 and $155. Bitcoin, Crypto Prices Rising Though Liquidity Is Low One analyst has picked out an anomaly as crypto and altcoin prices push higher, recovering after the June and early July drawdown. Taking to X, one observer noted that the rally is organic. Related Reading: Why Is The Ethereum Price Up Today? Of note, there are no usual catalysts, including an uptick in liquidity marked by steep inflows, as expected when the market spikes. As seen in the past, and especially when prices rose in 2021 due to central banks across the world easing or after the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States, there are no signs that prices are edging higher due to more capital pouring in. At the same time, it happens when the United States Federal Reserve (Fed) ..
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