As investors ride the wave of this bullish momentum fueled by a robust Bitcoin price surge, the rise of promising altcoin projects.
Bitcoin $BTC has reclaimed its throne, climbing 3.5% to $105,471, propelled by positive regulatory shifts like Japan’s Financial Services Agency proposing to classify crypto as financial products, paving the way for ETFs and a flat 20% capital gains tax. #MarketRebound
This surge has lifted the entire crypto market, with the global market cap rising 2.9% to $3.23 trillion and major altcoins like Ethereum $ETH (+7.5%) and $XRP (+8.1%) are also riding this wave, signaling a broad-based rebound. The bullish sentiment is further bolstered by institutional interest, with BlackRock’s IBIT ETF nearing record highs and mainstream financial players like Mastercard exploring stablecoin pilots. This market momentum sets a perfect stage for innovative projects to capture attention.
However, #HumanityProtocol debut recently and more incentives sorrunding the token,just like a 17k USDT incentivesfor participants engaging in activities about the token. (Source: BingX). Humanity Protocol is a decentralized identity platform that uses privacy-preserving technologies, such as palm scans and zero-knowledge.
Investors and enthusiasts should approach these developments with caution, conducting thorough research and verifying project fundamentals.