š¹ š Bitcoin is soaring ā It hit a record high above $118,000, driven by massive ETF inflows (over $1āÆbillion in one day!), a favorable regulatory climate, and increased institutional adoption.
š¹ BTC dominance remains strong ā Currently hovering around 63ā65%, Bitcoin continues to capture most market share as investors shift to a ārisk-offā posture.
š¹ Altcoins under pressure ā Many altcoins have pulled back sharply. Ethereum, Solana, XRP and memecoins have lagged, but projects with solid fundamentals (e.g., utility tokens) may recover later in the cycle.
š¹ Institutional tailwinds build ā Spot-BTC ETF net inflows (~$14.4āÆbillion YTD) and new legislation (GENIUS, CLARITY Acts) are fueling robust confidence from big investors.
š¹ Market outlook ā Technical analysts suggest BTC could climb another 14% toward $134K, while Ethereum and selected altcoins could rebound once regulatory clarity and liquidity persist.