The total value of the cryptocurrency industry continues to maintain above 3.1 trillion USD on Thursday, as the global financial market reacts to positive macroeconomic signals. Leading the surge is Bitcoin, unexpectedly breaking through to 100,000 USD after US President Donald Trump announced a historic trade agreement with the UK—paving the way for a series of similar agreements in the future.
Bitcoin rises to record levels
Trading focus: Bitcoin surged towards 100,000 USD, reinforcing its position as 'digital gold' in the eyes of investors.
Market reaction: The stability of the macroeconomic environment and expectations of a new series of trade agreements have stimulated capital to 'flow' into BTC, creating a strong short-covering rally on major exchanges.
Ethereum and altcoins 'ride the wave'
Ethereum (ETH): The leverage from Bitcoin helped ETH rise 8% in just one session, establishing a new trading volume record.
PEPE & Chainlink (LINK):
$PEPE reported a surge thanks to the community 'hype' strategy, with profits exceeding 15% compared to the previous week.
Chainlink received strong buying support from DeFi funds, with prices rising over 10% alongside increased liquidity.
Emerging 'stars'
SUI: This emerging layer-1 foundational token unexpectedly surged 12%, attracting the attention of developers due to its fast processing capability and low transaction fees.
Virtuals Protocol: The AI application on Ethereum layer-2 recorded a 150% increase in trading volume compared to the previous week, resulting in a more than 20% increase in the foundational token's price.
TRUMP Token: Despite being named after the President, this token still experienced a large wave of buying, rising 25% thanks to Trump's 'tweet' campaign regarding the UK-US agreement.
In general
The surpassing of the 3.1 trillion USD mark confirms the return of the 'risk-on' trend, as investors embrace a series of positive macroeconomic news. Consequently, Bitcoin leads the charge, while altcoins, especially Ethereum, PEPE, Chainlink, along with new names like SUI, Virtuals Protocol, and TRUMP Token, all benefit.
Conclusion: If trade agreements continue to be announced, the flow of money into crypto could further increase, opening opportunities for both 'blue-chip' and 'new stars' on the cryptocurrency map. Investors should closely monitor macroeconomic indicators to adjust their strategies accordingly.
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Note: This is not investment advice. All trading decisions should be based on research and personal risk considerations.