Author, @MrJangKen
ID: 766881381
📊 Market Pulse
Bitcoin and Ethereum are flying high this Monday as global uncertainties hit the US dollar, creating a perfect storm for crypto bulls.
Bitcoin jumped 3.3% to $87,518
Ethereum followed with a 3.4% rise, hitting $1,646
Global crypto market cap surged 2.7% to $2.75 trillion
This rally comes as the US Dollar Index (DXY) drops to 98.5, its lowest since April 2022, marking a 10% fall in just three months.
"Bitcoin has bounced back strongly after dipping to $74,500 earlier this month," said Riya Sehgal, Research Analyst at Delta Exchange.
"A weaker dollar fuels risk-taking, and crypto markets are clearly benefiting."
💸 What's Fueling the Fire?
Institutional Buying: Big players are entering again, including Strategy’s massive 3,459 BTC purchase.
ETF Inflows: Steady money inflow into crypto ETFs is pushing liquidity and sentiment.
Stronger Momentum: The combination of technical breakouts and macroeconomic shifts is pushing Bitcoin toward a bullish phase.
"BTC looks firmly bullish with momentum building toward the $90,000–$94,000 range," said Himanshu Maradiya, Founder and Chairman of CIFDAQ.
"This could attract both institutions and everyday investors."
🪙 Altcoins Catch the Wave
It’s not just Bitcoin stealing the spotlight. Several altcoins are on the rise:
Chainlink jumped 5%
Sui led the pack with a 6% surge
Avalanche and Hedera gained 4% and 5% respectively
XRP, Dogecoin, and Cardano each climbed around 3%
Solana edged up 1%, while Shiba Inu rose 2.5%
Toncoin added 2% to its value
🔮 What's Next for Crypto?
Bitcoin’s market cap now stands at a whopping $1.737 trillion, with its dominance at 63.06%. A sustained breakout above $90K could signal a major bullish phase—and possibly spark the long-awaited altcoin season.
"Ethereum is climbing back toward $2,600. If Bitcoin holds strong, we could see altcoins explode next," said Vikram Subburaj, CEO of Giottus.
⚠️ Final Takeaway
Dollar crash = crypto cash
Institutional bulls are back
Altcoins gaining momentum
$90K Bitcoin is the next big hurdle
Stay alert. Stay informed. The crypto bull run may just be heating up!
#Binance #CryptoNews #Announcement #mrjangken