#CryptoComeback #CryptoComeback
The #CryptoComeback hashtag is buzzing, reflecting renewed optimism in the crypto market. Recent posts on X highlight Bitcoin’s strength, with its dominance at 63.8% and the Fear & Greed Index at a neutral 53, suggesting cautious confidence. Bitcoin’s exchange supply is at its lowest since Q3 2018, with only 2.5M BTC available, down 500K from Q4 2024, signaling high illiquidity and growing institutional demand. Altcoins like Ethereum, Solana, and XRP are also gaining traction, with Ethereum’s Pectra upgrade boosting scalability and staking limits.
On the news front, Bitcoin hit $90,000 amid stock market turbulence, seen as a hedge against a weakening dollar. However, regulatory moves, like the UK’s potential ban on buying crypto with borrowed funds due to a doubling of such purchases (6% to 14% from 2022 to 2023), add caution. The U.S. shut down its crypto fraud unit, aligning with a pro-crypto stance under Trump, while Ethereum’s ETF momentum grows.
Sentiment is mixed but leans bullish, with warnings to avoid FOMO and do thorough research. The market’s volatility and regulatory shifts keep things unpredictable, but the comeback vibe is strong. Want me to dive deeper into a specific coin or trend?