Bitcoin Rally Pauses as Ether Surges to $2.1K

Bitcoin's rally above $30,000 stalled on Tuesday, with the largest cryptocurrency up just 3.3% over the past 24 hours. Ether climbed above $2,100 for the second time in three days before dipping below the threshold and then rising again. Other major cryptos were solidly green, with ICP rising 15% and XRP up more than 3%. The rally is macro-driven and its ongoing strength will depend on liquidity, according to Kaiko senior research analyst Dessislava Aubert. Longer-term narratives, such as bitcoin's recent store-of-value story, matter but price depends on traders' shorter-range, often fickle sentiments.