#TradeStories
This week's standout crypto trade is Bitcoin's surge past $100,000, marking its highest level since early February 2025. The rally is attributed to renewed investor optimism following a U.S.–U.K. trade agreement and easing tariff concerns. Bitcoin's price reached an intraday high of $101,370, supported by strong institutional inflows and a bullish technical outlook. Analysts suggest potential resistance near $107,000 and a target of $120,000 if the momentum continues. However, caution is advised due to declining trading volumes and possible short-term overbought conditions .
Ethereum also experienced gains, rising 24% to $3,700 amid anticipation of potential spot ETF approvals . Meanwhile, meme coins like $MELANIA saw significant volatility, with early investors reportedly profiting $100 million, raising concerns about insider trading .
In summary, Bitcoin's resurgence highlights growing institutional confidence, while Ethereum's ETF prospects and meme coin activities continue to influence market dynamics.
