Altcoins Outperform as Rally Gains Steam: Crypto Daybook Americas

The crypto market is showing positive momentum, with Bitcoin rising to $119,000 and altcoins like Ether outperforming. Ether has surpassed $3,100, reaching its highest level since February, fueled by corporate interest. U.S. spot Bitcoin ETFs have seen $700 million in net inflows this week, while spot Ether ETFs added $192 million yesterday and $451.3 million this week. Corporate treasuries now hold almost 860,000 Bitcoins, valued at over $100 billion, and companies hold 1.6 million ETH. The House is debating the GENIUS Act, which could impact stablecoins and potentially benefit Ethereum. Upcoming economic data releases and speeches by Fed governors will be closely watched for insights into monetary policy. The Eclipse Foundation launched its ES token, and cumulative open interest in BTC futures hit a record high. Arbitrum, ZKSync, ApeCoin, Official TRUMP, and Fasttoken will have token unlocks this week.