Crypto Market Stalls as ETH Hits All-Time High on Weak ETF Flows

The crypto market saw a weekend rally after Fed Chair Powell’s calming remarks spurred risk appetite. Ethereum surged to an all-time high of $4,777, while Bitcoin lagged, retreating to $115,000. However, weak ETH ETF flows—just $337 million on Friday and net outflows of nearly $1 billion earlier—halted further gains. Solana led altcoins toward a $220 target, and the ETH/BTC pair held above 0.041, signaling potential rapid altcoin rallies. Key tokens to watch include JTO, CRO, RAY, SOL and PENDLE. Despite high volatility and market uncertainty, stability in BTC and ETH could trigger another altcoin upswing.
Neutral
The news highlights mixed signals: Powell’s comments boosted risk appetite, driving Ether to record highs, but weak ETF flows and Bitcoin’s underperformance capped the rally. Historically, Fed-driven relief rallies require sustained capital inflows to maintain momentum. The strong ETH/BTC ratio and Solana’s push toward $220 suggest altcoins could rally if market stability holds. However, net outflows and limited ETF participation favor a cautious stance. In the short term, traders may see consolidation around current levels. Long term, consistent ETF inflows and wider adoption could reignite bullish momentum, making the overall impact neutral for now.