Title: Bitcoin Surges Past $70K as Altcoins Follow: Market Eyes Bullish Week Ahead

Bitcoin (BTC) crossed the $70,000 mark today, marking a 4.2% increase in the last 24 hours as the broader crypto market turned green. The surge is attributed to growing institutional interest, a weaker dollar, and increasing optimism around spot Ethereum ETF approval, expected later this month.

Ethereum (ETH) rose 3.1%, trading around $3,780. Traders are closely watching regulatory updates, as approval of a spot ETH ETF could trigger the next leg up for the altcoin.

Meanwhile, Solana( sol) and Avalanche ($AVAX ) led the Layer 1 rally with gains of 6.5% and 5.8%, respectively. Meme coins such as $DOGE and $PEPE also saw increased activity, reflecting continued retail enthusiasm.#MyEOSTrade

Top Gainers Today:

Arweave (AR): +12.4% – benefiting from AI data storage partnerships

Render (RNDR): +10.1% – fueled by Nvidia's bullish earnings outlook

Optimism (OP): +9.7% – following key DeFi integrations

Market Sentiment: The Fear & Greed Index hit 78, signaling "Extreme Greed." Analysts suggest a correction may follow if overbought conditions persist, but on-chain data supports continued accumulation by long-term holders.

Analyst Take: "Bitcoin holding above $70K with strength in altcoins signals a healthy market cycle," says Lena Zhu, senior analyst at Glassnode. "The next resistance lies at $73,500, while support holds firm at $67K."

A sleek chart showing Bitcoin breaking above $70K with green candlesticks, overlaid with tickers of top-performing altcoins (e.g., ETH, SOL, AR). Title on image: “Crypto Market Rally – May 20, 2025.”