#bitcoin #Bitcoin❗
🪙 Global Crypto News 🪙
🔸 Bitcoin remains the undeniable king of crypto, holding strong above the $100K threshold and currently trading at $105,561. With BTC dominance climbing to an impressive 63.74%, the crypto giant is not just surviving it's thriving. Analysts are eyeing the $120K milestone by the end of June, especially as hints of a potential Fed rate cut offer fresh fuel to the fire. Despite short-term fluctuations, institutional demand and growing regulatory clarity are keeping bullish sentiment intact.
🔸 The market is keeping one eye on Washington—after a recent White House announcement highlighting law and order, speculation of heightened regulatory pressure caused a brief Bitcoin dip of 1.2%. Yet, the lightning-fast recovery and continued upward momentum reflect a maturing market with increased resilience. Today’s 0.86% BTC gain and a fear and greed index sitting at a neutral 55 suggest cautious optimism.
🔸 Ethereum is making waves with a solid 1.23% daily gain, sitting at $2,513 as it builds on a spectacular 50% monthly surge. Though ETH hasn't reclaimed its previous all-time high, its strong rally and increasing DeFi activity continue to position it as the go-to smart contract platform. Combined with a more friendly regulatory outlook, Ethereum is poised for a potential breakout.
🔸 Among altcoins, TRON is stealing the spotlight with a 2.94% rally over the past 24 hours, outperforming