Ether climbed 4.62% to $1,967.05 while bitcoin traded around $65,500, putting ETH in front of the major tokens. CoinEx chief analyst Jeff Ko said bitcoin is likely to stay range-bound, pointing to retreating oil, a 10-year Treasury yield approaching 4.7% and a week of mega-cap earnings.
Ether led the crypto market higher, climbing 4.62% to $1,967.05, while bitcoin traded around $65,500. Bitcoin itself added 1.65% to $65,391.97.
Three reasons CoinEx sees bitcoin staying range-bound
Jeff Ko, chief analyst at CoinEx, said bitcoin is likely to stay range-bound, and he points to three reasons the backdrop has calmed. Oil has retreated from last week's highs after another pause in U.S.-Iran hostilities.
Meanwhile, the 10-year Treasury yield, approaching 4.7%, is doing part of the Fed's tightening work on its own. The Fed may also want to keep its options open ahead of this week's PCE inflation and second-quarter GDP data.
Mega-cap earnings become the bigger swing factor
The bigger swing factor is corporate. Apple, Microsoft, Meta and Amazon all report this week, and Ko said their free cash flow and AI-spending guidance could move Treasury yields and the Nasdaq, indirectly shaping the liquidity that flows into crypto.
Ko added that the composition of ETF flows will matter as much as the headline numbers.
Ether's month outruns bitcoin's
The gap is not a single session. Ether posted a 19.7% gain over the past month, nearly doubling bitcoin's 11.7% return over the same stretch, Crypto Briefing reported.
According to Crypto Briefing, the ETH/BTC ratio cratered to around 0.027 in mid-2026 before bouncing on Ethereum's recent outperformance. The same report credits flows into Ethereum-linked ETF products for providing a steady bid underneath the price.
Ether staking participation, meanwhile, has climbed to roughly 34%, which removes a growing share of circulating supply from the tradeable float. Bitcoin, by contrast, has been oscillating between $64,000 and $66,500, below the $72,500 to $74,000 highs it touched earlier in 2026.
Sources: CoinDesk, Crypto Briefing
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