#CEXvsDEX101
This week brought a cooling across major crypto assets, but with institutions circling, Ethereum flashing strength, and political players weighing in, the story is far from over.
๐ Market Overview
Bitcoin (BTC): Closed the week around $104,000, a modest pullback from the previous weekโs all-time high.
Ethereum (ETH): Finished around $2,500, showing solid resilience despite broader market fluctuations.
Altcoins:
BNB: ~$650
SOL: ~$151
ADA: ~$0.66
XMR: ~$325
XRP: ~$2.13
The Crypto Fear & Greed Index sits at 56 โ Neutral, reflecting slightly reduced confidence following Bitcoinโs peak above $110K.
๐ Key Highlights:
๐ฆ Trump Media & Technology Group (TMTG)
Plans to raise $3 billion for cryptocurrency investment, including building a Bitcoin treasury, aiming to strengthen the U.S. role in global crypto leadership.
๐ GameStopโs Strategic BTC Move
GameStop confirmed its first Bitcoin purchase: 4,710 BTC (valued over $5.12 million), signaling a major pivot toward digital asset holdings.
๐ Bitcoin Bull Run May Stall
Analysts caution that unless BTC closes above the $104.5K weekly support level, the rally could pause, potentially leading to a short-term correction.
๐ Top Bulls Still See Sky-High Targets
Prominent voices forecast Bitcoin could reach anywhere from $130K to $1.5M, citing ETF momentum and increasing stablecoin adoption.
๐ Ethereumโs 55% Rally Setup
ETH/BTC chart patterns suggest a potential 30โ55% upside. Paired with ETF inflows and increasing treasury adoption, this could spark a fresh altseason.
๐ฆ SharpLink Gaming Buys $1B ETH
SharpLink Gaming announced plans to accumulate $1 billion in Ethereum, echoing Michael Saylorโs aggressive Bitcoin playbook โ but in ETH.
๐ณ๏ธ VP JD Vance to the Bitcoin Community: Get Political
At Bitcoin 2025, U.S. Vice President JD Vance encouraged the community to engage in politics to secure favorable crypto regulation in the years ahead.