Ethereum (ETH) is up 0.5% on Thursday following cooling inflation reports in the US. However, mixed on-chain sentiment signals uncertainty among investors despite the potential launch of spot ETH ETFs.
Ripple (XRP) CEO Brad Garlinghouse spoke at a crypto roundtable event on Wednesday. The Ripple executive slammed Democrats for not taking notice of the Securities and Exchange Commission (SEC) Chair Gary Gensler’s enforcement actions on crypto.
Bitcoin dominance climbed above 54% on July 11 as BTC made a comeback above $58,700 on Thursday. The largest asset by market capitalization held steady and sustained recent gains despite the selling pressure from the German government BTC transfers and news of Mt.Gox payback to creditors. BTC noted a consistent volume of large transfers from whales, as seen in July 2024, per Santiment data. Bitcoin, Ethereum are digital commodities, says CFTC Chair.
Read More: Ethereum, Ripple & Bitcoin – American Wrap 11 July