The crypto market is on fire this week as Bitcoin (BTC) blasts past the $104,000 mark and Ethereum (ETH) races toward $2,500. With bullish momentum in full swing, altcoins are following suit, delivering impressive gains across the board.

Let’s break down what’s behind this rally and what traders should keep an eye on next.

Bitcoin Briefly Breaks $104K

Bitcoin continues to lead the charge with renewed investor enthusiasm and strong institutional backing.

  • 24H High: $104,116

  • Current Price: Around $102,850

  • Weekly Gain: Over 6%

  • 24H Volume: $2.04 trillion

What's driving the momentum?

  • Record inflows into spot Bitcoin ETFs

  • Favorable macroeconomic indicators

  • Rising interest from retail and institutional investors

  • Growing confidence around upcoming regulatory clarity

Ethereum Rockets to $2,400

Ethereum isn’t just following BTC, it’s making headlines of its own.

  • 24H High: $2,400

  • Current Price: Around $2,360

  • 24H Gain: +21%

  • Volume Spike: $51.12 billion (up 140%)

Why the surge?

  • The recent Pectra upgrade has reignited interest

  • ETH’s performance was previously lagging, but now it's catching up

  • Renewed market confidence in Ethereum’s long-term potential

Altcoins Join the Party

The rally isn’t limited to BTC and ETH, altcoins are having a moment too:

  • Solana (SOL): +12% to $175

  • XRP: +10% to $2.41

  • Cardano (ADA): +11% to $0.79

  • BNB: +4%

  • TRX: +5%

  • Dogecoin (DOGE): +10%

  • Shiba Inu (SHIB): +30%

  • SUI: +8%

  • Avalanche (AVAX): +13%

Retail hype is strong, especially around meme coins like PEPE and DOGE.

  • Ethereum (ETH)

  • Pi Coin (PI)

  • Pepe (PEPE)

  • Moo Deng (MOODENG)

  • Dogecoin (DOGE)

Top Gainers of the Day

Here are today’s top-performing crypto assets making major moves:

  • PEPE (Pepe): Up a staggering 41%

  • FARTCOIN: Surged 28%

  • BRETT: Gained 26%

  • VIRTUAL (Virtuals Protocol): Climbed 24%

  • ENA (Ethena): Rose 23%

Top Losers of the Day

Not all tokens joined the rally. A few slipped in the red today:

  • FORM (Four): Dropped 4%

  • LEO (UNUS SED LEO): Slight decline of 1%

Market Sentiment & Key Levels to Watch

  • Fear & Greed Index: 70/100, edging into Extreme Greed

  • Total Market Cap: $3.27 trillion (+5.59%)

  • 24H Market Volume: $202 billion (+73%)

Key Levels to Watch:

  • Bitcoin

    • Support: $100,000

    • Resistance: $110,000

  • Ethereum

    • Support: $2,200

    • Resistance: $2,500

Analysts urge caution, as volatility may increase approaching the weekly close.

Final Thoughts

The crypto market is riding a bullish wave, fueled by institutional inflows, major network upgrades, and growing investor confidence. Bitcoin reclaiming the $104K level and Ethereum’s breakout above $2,400 signal strong upward momentum, while altcoins and meme coins continue to thrive in the current climate.

That said, volatility remains a core part of the crypto landscape. While the sentiment is optimistic, traders and investors must stay alert, manage risk, and make informed decisions as the market approaches a critical weekly close.

#CryptoMarket #BitcoinRally #EthereumSurge

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.