Total crypto market capitalization increased by 0.92% to $3.21 trillion, while altcoins surged 3.00% to reach $1.17 trillion. $BTC dominance dropped sharply to 63.72%, indicating a rotation of funds into altcoins. Bitcoin rose 3.77% to $103,081.59, but the spotlight was on $ETH , which exploded 19.39% higher to $2,341.77. Solana and $XRP also posted strong gains, while Dogecoin soared 12.88%, reflecting a renewed appetite for risk and meme assets.
This momentum continues after yesterday’s announcement of a U.S.–U.K. trade deal, which reduced non-tariff barriers and signaled easing global trade tensions. Coupled with Trump’s openness to lower China tariffs and improving investor sentiment, the market saw a major inflow into altcoins and speculative assets. The Fear & Greed Index is now at 73, approaching the extreme greed zone—highlighting a very bullish sentiment across the board