Bitcoin price hits $73,725, Ethereum gets Dencun upgrade as bull market ramps up

Bitcoin hit a fresh ATH of $73,725 early on Wednesday as ETF flows continued to increase while the Ethereum network successfully integrated the Dencun upgrade, bringing lower fees to L2s.Cryptos continued to show an unexpected level of resilience on Tuesday as Bitcoin consolidated above $71k despite a hotter-than-expected CPI reading and the threat of higher-for-longer interest rates.

- Many investors are kicking themselves for missing out on gold’s seven-day rally that pushed prices to record highs above $2,200 an ounce; however, one market analyst said that the one thing investors shouldn’t do is chase the market at current levels.Gold price is well supported with a shrinking calendar forcing Fed rate cuts - Tastylive’s Chris Vecchio

- The gold market is seeing some solid selling pressure Tuesday following hotter-than-expected inflation numbers; however, this correction could be a short-lived buying opportunity for investors who missed the initial rally, according to one market strategist. - The Séguéla mine in Côte d’Ivoire and the recently acquired Diamba Sud gold project in Senegal are “the two high-value opportunities,” says Jorge Ganoza, president & CEO of Fortuna Silver Mines .

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Altcoins Hint at Further Bull Rally as Market Turns BullishThe latest dataset suggests a further bull rally for altcoins as the market turns bullish. Ethereum's price increased by over 16% last week, but its value only moved marginally in the last 24 hours. Metrics such as RSI and stochastic indicate bearish trends for Ethereum. Ethereum's Korea Premium and Funds Premium are also in the red, indicating dominant selling sentiment among funds and Korean investors.
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