Bitcoin ($BTC) continues its upward push, showing solid signs of momentum in recent trading sessions. As of this morning, #Bitcoin❗ coin reached $1000SATS 8,955.10—a 2% gain, according to Coin Metrics. It even briefly touched a high around $109K, though that rally cooled off a bit due to climbing U.S. Treasury yields and a dip in stock markets. Analysts are eyeing support levels at $103,700 and $95,600, especially if we see an uptick in profit-taking.
Market Sentiment: Neutral but Watching Closely
The broader crypto market is experiencing a mild pullback, but overall sentiment remains balanced. The Crypto Fear & Greed Index is currently at 55, signaling a neutral stance—investors are cautious, waiting to see if Bitcoin breaks out or retraces from here. Whichever way it moves next could set the tone for the coming weeks.
Altcoin Highlights: ICP Shines, TKX Slips
Altcoins had a mixed session. Internet Computer (ICP) stood out with a 7.3% gain, climbing to $5.72 and landing among the top performers in the top 100. On the flip side, Tokenize Xchange (TKX) dipped 2.6% to $29.92. Ethereum ($ETH) also made headlines as U.S. spot ETFs saw a net inflow of $25.22 millio