Bitcoin (#BTC ) demonstrated a strong performance this week, reaching $120,000, changing not only its own history but also the entire dynamics of the crypto market. This critical threshold triggered a chain reaction of price appreciation in major altcoins like Ethereum (ETH), Solana ($SOL ), $XRP , and Dogecoin ($DOGE ). However, this time the story is different: The market is being rewritten not only by technical levels but also by the power of institutional capital
🔍 Macro Effects and the Power of Institutional Investors
Xapo Bank CEO Seamus Rocca clearly emphasizes that the current rally differs from past cycles. According to Rocca:
“This time, it’s not an ordinary bull market. Tight monetary policies, global geopolitical tensions, and regulatory developments have transformed Bitcoin from a speculative asset into an asset class rivaling traditional finance.”
One of the clearest indicators of this transformation is the large-scale BTC purchases made by major institutions like Anchorage, Fidelity, and others. These movements are dwarfing even the individual funds flowing into spot ETFs. Institutions are now driving the market.
📈 Ethereum Reclaims $3,000
Ethereum (ETH) has gained over 17% in the last seven days, retesting the $3,000 level. Having struggled to break through this level for a long time, ETH is once again in the spotlight due to the institutional influence of Bitcoin.
The notion that "institutions will load up not only on BTC but also on ETH" is increasingly widespread among investors.
🟣 #XRP : A Silent But Deadly Rally!
Long under pressure, XRP gained over 25%, driven by record volumes on Korean-based exchanges and breaking through technical resistance. The rally in Asian markets, in particular, has put XRP back on the radar of global investors.
🐶 Dogecoin: From Meme to Reality
Dogecoin (#DOGE ) has moved from being a joke coin to a new frontier. With a sudden 23% jump, it attracted significant retail interest on platforms like Binance and Robinhood. Despite Elon Musk's continued silence, investors appear to have capitalized on this rally.
🌞 Solana Hits $163 – Risk Appetite Peaks
Solana (SOL), a leading coin representing the market's risk appetite, rose to $163. Seeing heavy use in the DeFi, NFT, and memecoin space, SOL also shows significant network activity in on-chain data.
Other major altcoins like Cardano (ADA), Avalanche (AVAX), and TRON (TRX) followed suit, posting double-digit gains.
🎯 Could Bitcoin Reach $130,000?
YouHodler's market strategist, Ruslan Lienkha, points out a critical point:
“Bitcoin hasn't yet fully broken through the resistance zone. However, if it breaks through this level strongly, the $130,000 level could be tested in the short term.”
Lienkha also warns investors to be wary of volatility and short-term corrections.
📌 Conclusion: A New Crypto Paradigm is Beginning!
This structural transformation in the markets is much deeper and more powerful than the 2021 bull season. Now, not only individual investors but also institutional funds managing billions of dollars are in the spotlight. This means more sustainable and aggressive price movements for Bitcoin and leading altcoins.
🔮 If Bitcoin surpasses $130,000, a new supercycle could begin, leading to $4,000 for Ethereum, $200 for Solana, and $1 for XRP. A new chapter in crypto history is being written—and it could be in gold.
