Ethereum and PEPE: Who dominates the market after Bitcoin's decline?
Image: KI
Advertisment
In the cryptocurrency world, Ethereum and PEPE have become major players following Bitcoin's recent decline. While Ethereum is steadily gaining value, PEPE is exhibiting a volatile pattern, suggesting a possible upcoming rally.
In the dynamic world of cryptocurrencies, the recent decline in Bitcoin (BTC) has set the stage for Ethereum (ETH) and Pepe (PEPE), which are now major players in the market. Ethereum is showing a steady upward trend with weekly gains of over 3%, indicating strong and sustained momentum. In contrast, PEPE remains volatile and fluctuating within a tight range, indicating difficulty breaking out of this pattern.
The key question is whether Ethereum will become a silent force, benefiting from its stable strength while PEPE falters, or whether PEPE is merely preparing for a sharp rally that could outperform Ethereum in the next cycle. Capital flow has shifted significantly toward Ethereum, resulting in an impressive monthly ROI of 50%. Nevertheless, PEPE steals the show with a stunning monthly gain of 72%.
Both cryptocurrencies have established solid support levels, suggesting that smart money is actively trading between these highly convex setups. However, PEPE's price action is pure volatility, as the pair has fallen nearly 15% in five days, while ETH/BTC's decline is a modest 5%. Ethereum's MACD remains bullish, supporting a momentum recovery, while capital is likely flowing back as BTC trades sideways.
Subtle on-chain signals suggest that PEPE is not idle and is preparing for a classic volatility swing in this ongoing rotation game. Ethereum is undergoing a strategic reset after months of sideways trading, with institutional flows viewing the $2,500 level as a primary buy zone. This shows that smart money is targeting a strong base in the spot market.
At the same time, PEPE is playing the classic 'high beta, high reward' game, rising over 60% in less than ten days and breaking through its January resistance at $0.000015. Despite a 4.5% decline this week, the smart money remains unfazed. A recently revived whale, emerging after two years of inactivity, withdrew 1.79 trillion PEPE worth $22.23 million from Binance, suggesting PEPE is poised for further upward momentum.
In a macroeconomic environment with no clear direction, quick gains remain the goal. PEPE is one step ahead, turning its former ceiling into a potential launching pad. Should the current structure hold, a retest of $0.000015 is firmly within the realm of possibility. With BTC continuing to trade in a tight range, PEPE is showing strong relative bid, setting the stage for potential capital rotation flows that could allow it to outperform Ethereum in the short term.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Bitcoin rebounds above $104,700 after initial dip on Trump-Musk fallout
Bitcoin (BTC) staged a smart recovery on Friday, climbing back above the $104,700 mark after an early dip sparked by jitters in the market following the reported fallout between former US President Donald Trump and tech billionaire Elon Musk. As per latest data, Bitcoin was trading at $104,731.41, up 2.18% over the past 24 hours. The cryptocurrency saw a volatile session, hitting an intraday low of $102,405.29 before bouncing back sharply to test a high of $105,333.00. The market had initially reacted negatively to reports of strained relations between Trump and Musk, which had raised concerns about potential policy shifts or regulatory overhang on digital assets in the US. The development triggered a broad risk-off sentiment across major cryptocurrencies during early trade. However, BTC's resilience was on display as buyers stepped in at lower levels, fueling a strong rebound. The 24-hour trading volume stood robust at 14,435.76 BTC, with $1.5 billion USDT turnover, indicating healthy participation on the bounce. Crypto market analysts noted that despite short-term headlines, underlying bullish momentum in BTC remains intact amid improving institutional interest and optimism around the next leg of mainstream adoption. Traders will be watching closely for further developments on the Trump-Musk front, along with upcoming macroeconomic cues, which could influence BTC's near-term trajectory. Note: $BTC price at the time of writing this article. News desk at
Business Insider
2 hours ago
- Business Insider
Bitcoin and AI Themes Ignite Riot Platforms Stock (RIOT)
Bitcoin is back in the spotlight again, reaching an all-time high of over $109,000 over the past week. For investors seeking ways to capitalize on this trend beyond investing in the cryptocurrency itself, other investment opportunities along the value chain, such as firms that provide specialized infrastructure, including computers that operate continuously to secure the network and mine new coins, may present a compelling option. Confident Investing Starts Here: On such stock is Riot Platforms (RIOT), operating some of the most powerful mining facilities in the U.S., and the company just delivered some impressive numbers that caught Wall Street's attention, generating $161.4 million in revenue during the first quarter of 2025, more than double what they earned in the same period last year. I am optimistic about the overall growth of blockchain technology and particularly bullish on RIOT stock. The company presents a compelling investment opportunity at the crossroads of infrastructure and emerging technology. With ongoing operational enhancements, strategic acquisitions, and diversification initiatives, Riot is well-positioned to capitalize on the expanding demand for cryptocurrency. Building a Bigger and Better Mining Operation Riot's recent push to expand and optimize its mining operations appears to be paying off rapidly. Their hashrate—the measure of computational power driving Bitcoin mining, similar to horsepower in a car—grew an impressive 142% year-over-year, reaching 35.4 exahashes per second. RIOT has also made significant efficiency improvements, reporting a 24% increase in energy efficiency. This is particularly critical in a sector where electricity costs significantly impact profitability. Riot now operates at 21.2 joules per terahash, a substantial reduction from previous levels. These gains in efficiency could provide a meaningful competitive edge over time. Bitcoin's mining rewards halve roughly every four years to control inflation and cap the total supply at 21 million coins. The most recent halving, in April 2024, cut the reward from 6.25 to 3.125 BTC per block. This post-halving environment has made mining more challenging across the industry. Network difficulty has risen by 41%, meaning miners must exert significantly more computational power to earn the same rewards. While this creates pressure for all participants, companies with highly efficient operations, like Riot, are best positioned to continue growing despite these challenges. Growth Through Strategic Acquisitions and AI Riot recently announced the acquisition of Rhodium's mining operations, and looks to make Rhodium's operations profitable while freeing up 125 megawatts of power capacity for Riot's own mining activities. The numbers from May 2025 show this strategy is paying off. Riot produced 514 Bitcoin for the month, more than doubling their output year-over-year. The increase in mining output, coupled with the growth in Bitcoin's price, compounds the company's revenue potential. Another intriguing aspect of Riot's unfolding story is its move to expand beyond mining. The company has recently acquired 355 acres near its Texas facility, with plans to build large-scale data centers targeting the artificial intelligence and high-performance computing (HPC) markets. The company is planning to bring online 1 gigawatt of power capacity by early 2026. This strategy makes sense for Riot (and other miners, many of which are pursuing similar opportunities), considering it has already incurred sunk costs in two key drivers of data center success — reliable power infrastructure and operational expertise in managing large-scale computing facilities. Riot Platforms is rated a Strong Buy overall, based on the most recent recommendations of ten analysts. , which represents a potential upside of 70% from current levels. Analysts following Riot remain bullish on its prospects. For example, Roth MKM has recently reiterated a Buy rating on the stock with a price target of $16, noting the firm's increase of substantial capacity of 600MW at its Texas facility, along with a move to hire Jonathan Gibbs as Chief Data Center Officer, has bolstered its position in the high-performance computing (HPC) market. Needham also maintains a Buy rating on the stock. However, analyst John Todaro has adjusted Riot Platforms' price target from $13.50 to $12 in response to a miss on adjusted EBITDA, attributed to higher-than-anticipated SG&A and other costs of goods sold during the first quarter. RIOT in Review Riot provides leveraged exposure to Bitcoin's upside potential, with recent record revenue growth and notable efficiency improvements making a strong case. Their expansion into AI and high-performance computing markets marks a strategic move into a promising adjacent sector, which could also serve as a useful hedge against Bitcoin's volatility. That said, investing in RIOT carries significant risks. The company's fortunes remain closely tied to Bitcoin's notoriously volatile price fluctuations. Additionally, mining profitability hinges on a delicate balance between Bitcoin prices, network difficulty, and energy costs—factors largely beyond management's control. Overall, I remain bullish on Riot as a high-risk, high-reward play for investors looking to gain measured exposure to crypto infrastructure.
Yahoo
3 hours ago
- Yahoo
Trump responds after Musk's 'Epstein files' allegations
Trump responds after Musk's 'Epstein files' allegations originally appeared on TheStreet. The Trump–Musk feud has officially gone nuclear. Speaking aboard Air Force One on Friday, President Donald Trump said he has 'no plans' to speak with Elon Musk, after a week of fiery online exchanges that began over Trump's proposed 'big beautiful bill' and quickly spiraled into personal jabs and political threats. Trump didn't mince words when asked if he was still in contact with Musk. 'No, I don't,' he said. 'I hope he does well with Tesla, but we're going to take a look at everything. It's a lot of money.' The president's comments come just days after Musk blasted Trump's sweeping tax and spending proposal, calling it a 'disgusting abomination' and warning it would add $2.4 trillion to the U.S. debt. He also replied 'Exactly' to a post suggesting Trump had retaliated against him personally. Musk later floated the idea of launching a new political party, posting, 'It's time for a new party – one that actually represents the people. Not the far left or far right, but the 80% in the middle!' The falling-out marks a sharp turn from their once-friendly dynamic. Trump had recently appointed Musk to lead the Department of Government Efficiency, a symbolic role that ended with modest results. Bitcoin fell sharply after Trump threatened to cut off Elon Musk's government contracts, intensifying their public feud. The uncertainty rattled markets, leading Tesla shares to drop 14% and dragging crypto sentiment down with them. Investors feared a political crackdown on Musk-linked ventures could spill into broader risk assets like Bitcoin. Trump responds after Musk's 'Epstein files' allegations first appeared on TheStreet on Jun 6, 2025 This story was originally reported by TheStreet on Jun 6, 2025, where it first appeared.
