Crypto Market Eyes $3T Milestone
The crypto market is heating up, climbing 7.5% in the past week and now consolidating just below the crucial $3 trillion cap. A breakout above the 200-day moving average could trigger inflows from major funds and ignite wider market momentum.
The Crypto Fear & Greed Index jumped to 60 (Greed), a strong reversal from its prolonged neutral phase since February—often a prelude to further gains.
Bitcoin has officially entered a bull market, trading confidently around $95K, well above its 50- and 200-day MAs and breaking local highs. This shift typically paves the way for altcoin rallies.
Massive $3.42B in crypto fund inflows last week marked the third-highest ever, per CoinShares:
$BTC: $3.19B
$ETH: $183M
$XRP: $32M
$SUI: $21M
$SOL: -$6M
Bernstein forecasts $BTC at:
$200K by 2025
$500K by 2030
$1M by 2033
Driven by growing institutional reserves (now ~9% of total supply) and tightening supply.
Ethereum may boost scalability with a 100x gas cap hike, potentially supporting 2,000 TPS.
Meanwhile, Monero (XMR) surged 50% to 4-year highs after a mysterious 3,520 BTC ($330M) transaction tied to stolen funds reportedly converted into privacy coins like Monero and Zcash.
#BinanceAlphaAlert #AITokensBounce #BTCRebound #SaylorBTCPurchase #ArizonaBTCReserve $BTC $ETH $XMR $SUI $SOL