As we all see today, the crypto market saw a notable push: Bitcoin climbed past $108,000, while Ethereum traded around $2,485 with steady momentum. These movements reflect increased activity from institutional investors across the space.
🔍 What’s Driving It?
ETF interest remains high, with strong inflows boosting both Bitcoin and Ethereum.
Solana is back in focus as nine major asset managers — including Invesco and Fidelity — compete to launch a spot ETF.
Regulatory news is front and center, especially with the proposed Genius Act in the U.S., which would require full transparency for stablecoins. This could shake up the market, particularly for Tether (USDT).
Meanwhile, the Federal Housing Finance Agency (FHFA) is exploring whether verified crypto holdings from regulated exchanges can be included in mortgage applications — a sign of growing mainstream integration.
📊 Market Snapshot:
Global Market Cap: ~$3.31 trillion
24h Volume: ~$112 billion
BTC Dominance: ~64.8%
ETH Dominance: ~9%
Altcoins showed mixed performance. XRP broke above $2.20 with potential to test higher zones, but it remains sensitive to short-term pressure.
⚠️ Things to Watch:
A large options expiry event (~$20B) could lead to short-term swings.
Traders and analysts are keeping a close eye on Fed signals, stablecoin regulation progress, and further ETF developments.
No hype — just movement. The market’s shifting, and participants are watching closely. It’s clear that crypto isn’t sitting still.
