Bitcoin and Ethereum Edge Higher as Traders Eye Altcoin Rotation
Bitcoin and Ethereum have begun July 31 on a positive note, edging higher in value while the market watches for signs of capital rotation towards altcoins.
A slight dip in Bitcoin (BTC) and Ethereum (ETH) dominance suggests that traders are searching for better short-term setups elsewhere, but it is not enough to call a broad altseason just yet.
While BTC has risen 0.29% to about $64,145.86, ETH has traded near the $1,900 area after briefly dipping below $1,900 before recovering.