Crypto Comeback: Dogecoin Soars, Ethereum Rallies, Bitcoin Eyes Record High

#CryptoComeback #BTCBackto100K

Crypto Market Rebound:

• Bitcoin surged past $104,000 for the first time in over two months.

• Dogecoin ($DOGE) led altcoin gains with a 10% jump.

• Ethereum ($ETH ) rose 3.5%, bringing its weekly gain to over 30%.

• Other major altcoins ($SOL, $ADA, $XRP, $BNB) climbed 2–6%.

Key Drivers of the Rally:

• Risk-on sentiment returned amid improving macro and geopolitical conditions.

• Ethereum’s Pectra upgrade boosted investor confidence in scalability and efficiency.

• Political support in the U.S., with New Hampshire and Arizona proposing state-level crypto reserves.

• Trump’s positive remarks on U.S.-China trade talks helped ease market jitters.

• A new U.S.-U.K. trade deal further lifted sentiment in both equity and crypto markets.

Analyst Insights:

• Traders see a shift away from caution as altcoins break from bearish trends.

• Crypto is viewed as a hedge against market uncertainty and inflation risks.

• Institutional interest in Ethereum is rising following the Pectra upgrade.

• Bitcoin remains 5% below its all-time high of ~$108,700, with potential to surpass it if macro trends remain favorable.

Caution Ahead:

• All eyes on U.S.-China trade talks in Switzerland this weekend.

• Any negative developments could stall or reverse the current crypto rally.