Bitcoin gained optimism as the Bank of Japan maintained rates, allowing it to rise above $64,000, spurring interest in risk assets amid positive macroeconomic sentiment.
Ether is expected to perform better post-Fed rate cut, with signs of increased onchain activity potentially driving ETH towards greater adoption and utilization in the market.
The market optimism is reflected in the US 2Y/10Y treasury spread, which while inverted, has recently steepened indicating a favorable shift in risk appetite among traders.
Recent activity among Satoshi-era BTC indicates growing interest in early mined coins, reflecting the evolving dynamics and interest in historically significant segments of the Bitcoin economy.
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