Here are 7 key factors that drove crypto prices up sharply this week, especially $BTC
1. Markets “Shrug Off” Tariffs
Despite tariff warnings, equity markets held steady, and investors rotated part of their portfolios into crypto, demonstrating growing confidence in digital assets.
2. “Crypto Week” Momentum in Congress
The U.S. Congress is debating three major crypto bills (the GENIUS Act, the CLARITY Act, and the CBDC Bill), each of which would provide legal certainty for stablecoin issuers and tokenized securities.
3. Record Inflows into Spot ETFs
U.S. spot Bitcoin and Ethereum ETFs recorded their highest net inflows of the year, reinforcing short‑term bullish sentiment.
4. Institutional Accumulation
Major financial institutions such as Deutsche Bank and corporate treasuries have been increasing their Bitcoin allocations, underlining growing institutional adoption.
5. Ethereum and Altcoins Also Soar
$ETH has surged 90% in three months, supported by ETFs and institutional interest. $XRP
and solana have also rallied, bringing the total crypto market capitalization to $3.8 trillion.
6. Push for De‑Dollarization
Rising geopolitical tensions and efforts by several countries to diversify foreign exchange reserves into crypto strengthened long‑term demand.
7. Technology & Infrastructure Innovations
Custodial banks like State Street and BNY Mellon rolled out new on‑chain infrastructure, enhancing the scalability, speed, and security of crypto transactions.
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#crypto #BTC #ETH #xrp #solana