Bitcoin has once again reclaimed the spotlight by surging past $66,000, marking a two-week high and igniting optimism across the crypto space. This 2.5% rise signals renewed confidence among investors, fueled by macroeconomic data and institutional inflows.
The rally comes on the heels of positive U.S. GDP growth, which reassured markets that recession fears may be overstated. In parallel, ETF volumes linked to BTC have increased, pointing to rising demand from traditional finance players.
On Binance, the BTC/USDT pair saw a 24-hour volume spike of over 15%, indicating not only market enthusiasm but significant retail trader participation. Altcoins have also followed suit, with ETH, BNB, and SOL each gaining between 3–5%.
Analysts suggest the next key resistance is around $68,000, and if momentum continues, a retest of the all-time high ($69K+) could be on the horizon. However, traders are cautioned to remain vigilant of sudden pullbacks, as crypto remains highly volatile.
Key takeaways:
BTC up 2.5%, topping $66,000
Total crypto market cap hits $2.58T (+3.2%)
Institutional inflows and positive macro data boost sentiment
Whether you’re trading or holding, today is a reminder: the crypto market can flip bullish — fast.