đ Crypto Market This Week: BTC & Major Altcoins Show Bullish Signs, Whatâs Happening? đ
The crypto market this week has primarily propelled an optimistic sentiment among traders and investors globally by showcasing bullish price trajectories.
Bitcoin (BTC) price has gained over 10% in the past seven days, nearing $94K.
Whereas, major altcoins like Ethereum (ETH), Solana (SOL), and XRP surged 3%-11% weekly. Meanwhile, even the meme coin market saw $DOGE , $SHIB , and $PEPE prices rallying unprecedentedly.
As per CoinMarketCapâs data, BTC price closed the week at $93,953, surging slightly over 10% over the past seven days.
Primarily, the flagship coin saw a bullish action against the backdrop of a stockpile of optimistic developments this week.
Japanâs Metaplanet acquired another 330 BTC in one of its latest haul over the week.
On the other hand, Robert Kiyosaki has predicted that Bitcoin price is poised to hit $180,000 to $200,000 in 2025. Particularly, this bullish prediction gained significant traction across the broader crypto market as the flagship coin showcased other bullish signs, hinting that such a feat is possible.
BTC futures OI topped the $64 billion mark as the week came to an end, per Coinglass data. On the other hand, even the U.S. spot Bitcoin ETF products recorded $3 billion worth of inflows this week.
Overall, the above mentioned market stats underscore substantially heightened market interest in Bitcoin over the past week.