The crypto market is on ๐ฅ fire once again as Bitcoin (BTC) smashed past $123,000, reaching a new all-time high, while Ethereum (ETH) continues to trade steadily above the critical $3,000 mark. ๐๐ธ
๐ Bitcoin Breaks Records โ Whatโs Fueling the Surge?
Bitcoinโs recent surge comes as a wave of institutional money floods into the market, especially through spot Bitcoin ETFs, which saw more than $1.1 billion in inflows just last week. ๐ผ๐ฅ
BlackRock, Fidelity, and other major players are behind this momentum, pushing BTC into what analysts call a โprice discovery phase.โ With strong technical support and bullish investor sentiment, targets between $125Kโ$130K are now within sight. ๐ฏ๐
๐น YTD Performance: +30%
๐น Institutional Inflows: Record levels
๐น Next Resistance: $125,000+
๐ง Ethereum Holds the Line โ Steady and Strong
While Bitcoin grabs the spotlight, Ethereum is quietly building strength. ETH is maintaining levels above $3,000, recently touching highs of $3,074. ๐งฑ๐
Investors are piling into ETH spot ETFs too, with over $383 million in inflows on Friday alone. With increasing on-chain activity, bullish chart patterns, and strong support, ETH could aim for $3,400โ$3,750 in the near term. ๐๐
๐น Current Price: ~$3,025
๐น 9 Weeks of Inflows
๐น Key Levels: $3,400 - $3,750 upside | $2,800 support
๐๏ธ Crypto Policy Boost โ๏ธ
Another major catalyst is the ongoing "Crypto Week" in the U.S. House of Representatives. Lawmakers are reviewing major pro-crypto bills like:
๐ง Genius Act
๐ Clarity for Digital Tokens Act
โ Anti-CBDC Surveillance State Act
These could create a more favorable legal environment for crypto, especially in the U.S. โ a move thatโs boosting market confidence.
๐ Market Sentiment & Altcoin Rally
Alongside BTC and ETH, altcoins like XRP, Solana, and Dogecoin are also seeing double-digit gains. The total crypto market cap now sits near $3.9 trillion, signaling a broad-based bull rally. ๐๐ข
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๐ก Conclusion
Bitcoin is in uncharted territory, rewriting its price history ๐, while Ethereum stands tall as the reliable second-in-command ๐ง . With strong fundamentals, record-breaking ETF activity, and political support on the horizon, the crypto bull run of 2025 is shaping up to be one for the ages. ๐๐
Stay tuned. This is just the beginning!
#Bitcoin #Ethereum #CryptoNews #BullRun2025 #CryptoMarket $BTC
