🚀 Why Is the Crypto Market Up Today?
The crypto market is seeing a strong rally today, with Bitcoin (BTC) climbing past $104,000 and major altcoins like Ethereum, Solana, and XRP following suit. This rebound is fueled by easing geopolitical tensions 🌍, which boosted global risk appetite. At the same time, over $1 billion in leveraged positions were liquidated earlier this week — clearing weak hands and setting the stage for a healthy bounce 📉➡️📈.
Institutional interest remains strong, with ETF inflows and a $1B Bitcoin treasury merger from ProCap Financial 🏦 making headlines. On the technical side, Bitcoin reclaimed its 20-day EMA, and bullish momentum is building across top assets.
💬 Do you think this is the start of a bigger rally or just a relief pump? Comment below! 👇