InceptionLRT Shuts Down Six Months After $3.5M Seed Funding Despite Strong Backing
Bitcoin isn’t moving much these days. After weeks of setting new records, it’s hovering around $118,000, almost like it’s catching its breath. Meanwhile, Ethereum is the one making waves — up more than 50% since early July and inching closer to its own all-time high.
It’s a strange dynamic. Bitcoin, usually the leader, seems content to let Ethereum and smaller altcoins take the spotlight for now. But why? Analysts point to institutional investors as the driving force behind both. Crypto treasury firms and big-money players are piling in, and they’re not looking to cash out anytime soon.
Min Jung, an analyst at Presto Research, thinks a major sell-off isn’t in the cards. “These buyers aren’t day traders,” Jung noted. “They’re in it for the long haul.” That doesn’t mean smooth sailing, though. Older wallets — those holding Bitcoin from earlier rallies — are starting to take profits, which could stir up some short-term volatility.
Still, the overall mood is cautiously optimistic. Bitcoin’s staying power near its peak suggests confidence, not panic. Jung’s take? “Aggressive selling just doesn’t fit the profile of these investors.”
Ethereum’s rally isn’t happening in a vacuum. More institutions are adding ETH to their reserves, and spot ETH ETFs have seen record inflows — even outpacing Bitcoin ETFs on some days. That’s a big deal. But here’s the catch: nobody’s sure if this momentum will trickle down to smaller altcoins.
Jung admits it’s unclear. “This rally is institutionally driven,” they said. “That doesn’t always mean good news for the rest of the market.” Some altcoins are showing bullish signs, but whether they’ll keep up is anyone’s guess.
The real test will be sustainability. Last week’s surge was impressive, but can it last? And if it does, will smaller coins get a piece of the action? Right now, the market feels split — Bitcoin steady, Ethereum charging ahead, and altcoins stuck in limbo.
One thing’s certain: institutions are calling the shots. Whether that’s good or bad depends on where you’re standing.
*Not financial advice, obviously. Just an observation.
