the cryptocurrency market has experienced a significant bullish trend. Bitcoin #BTC surged to an all-time high of $109,100, driven by renewed institutional interest and favorable regulatory developments. At present, BTC is trading around $94,861, reflecting a strong upward momentum.
The Economic Times
Crypto Data Space
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Altcoins have also seen notable gains. Solana #sol increased by approximately 28%, briefly surpassing a $100 billion market capitalization. Dogecoin #DOGE led the rally with a remarkable 95% weekly gain, becoming the sixth-largest cryptocurrency by market cap.
Finance Magnates#crypto
The overall market sentiment is positive, with the Crypto Fear and Greed Index reaching 'Extreme Greed' levels. This optimism is further supported by predictions from analysts like Geoff Kendrick of Standard Chartered, who forecasts Bitcoin reaching $120,000 in the second quarter of 2025, citing economic uncertainties and increased institutional adoption as key factors.#Bull