đ Market Milestones & Price Moves:
⢠Overall crypto market cap surges to a new record of $4.13 trillion, up from the previous $3.9T, thanks to a 1.8% gain in the last 24 hours. Trading volume also hit nearly $145 billion.
⢠Bitcoin (BTC) has rallied significantlyâup about 3.3â3.6%, hovering just under its all-time high around $121,988 to $122,150, likely fueled by bullish policy signals and ETF inflows.
⢠Ethereum (ETH) reached above $4,300, marking its highest level since late 2021. Institutional demand and ETF inflows are key drivers.
đ Activity & Market Sentiment:
⢠A crypto whale purchased approximately 8,745 ETH (~$37.5M) and currently stands with $112.2M in unrealized profit.
⢠Altcoins like Arbitrum (ARB) are gaining attention, with analysts exploring potential breakout patterns amid broader crypto momentum.
⢠Observers are debating if weâre entering another "altcoin season" as smaller-cap coins begin to rally in this bullish environment.
đď¸ Policy & Institutional Developments:
⢠Bitcoinâs surge is partly attributed to a new executive order allowing cryptocurrencies to be included in U.S. 401(k) retirement plans, opening a new channel for mass adoptionâ401(k) assets alone amount to around $8.9 trillion.
⢠In the U.K., former Chancellor George Osborne and MPs from the Crypto All-Party Parliamentary Group are warning the country risks falling behind in crypto regulation and pushing for reforms such as improving bank access for licensed crypto firms.
#BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #CryptoIn401k #USFedNewChair
