The global crypto market cap has surged to $3.27 trillion. Bitcoin’s dominance is at 60.6%, its highest level in four years. Despite price swings, more investors are putting money into Bitcoin. This shift could push Bitcoin into a long-term bull cycle. If Bitcoin rises further, altcoins may follow.
Bitcoin (BTC) has bounced back, climbing to $99,646.42, up 4.54% in the last 24 hours. Over the past day, it traded between $91,242.89 and $99,397.65. Veteran trader Peter Brandt remains bullish. He says that even if Bitcoin falls below $80,000, the trend is still positive.
XRP crashed 40%, falling to $2.00 from a high of $3.40. This drop put it below key moving averages. If XRP falls under $2.00, it could drop to $1.60 or even $1.20. However, whale investors are not selling. To turn bullish, XRP must climb above $2.61 and then break $3.00. Right now, XRP is at $2.60, up 15.23% in the last day.
The SHIB burn rate has dropped by almost 100%. In the last 24 hours, only 2.6 million SHIB tokens were burned. SHIB’s price also fell 32% but later recovered. It now trades at $0.0000159, up 8.42% in the past day.
The global market cap is now $3.27 trillion, rising 9.06% in a day. Investors remain cautious, with the Fear & Greed Index at 45 (Neutral). Most major coins have gained:
- Bitcoin (BTC): $99,682.92 (+5.77%)
- Ethereum (ETH): $2,696.32 (+8.78%)
- Dogecoin (DOGE): $0.2734 (+20.80%)
- Litecoin (LTC): $100.26 (+8.89%)
- Ripple (XRP): $2.56 (+17.84%)
- Solana (SOL): $207.02 (+7.12%)
Biggest Crypto Gainers (Last 24 Hours)
- Onyxcoin (XCN): +32.12% ($0.03068)
- FET: +26.70% ($0.7997)
- Aerodrome Finance (AERO): +25.63% ($0.9506)
- Bittensor (TAO): +24.28% ($361.57)
- Mantle (MNT): +23.99% ($1.15)
Biggest Crypto Losers (Last 24 Hours)
- MELANIA: -0.22% ($1.42)
- Floki (FLOKI): -30.49% ($0.00008159)
- SPX6900: -30.16% ($0.7134)
- Gala (GALA): -28.92% ($0.01959)
- FET: -28.68% ($0.6531)
Alankar Saxena (Mudrex CTO) says Bitcoin’s jump above $100,000 is linked to Trump pausing tariffs on Canada and Mexico. This move has eased trade worries, boosting investor confidence.
The CoinSwitch team notes that Bitcoin recovered within 24 hours of a sharp drop. Altcoins like XRP and ETH saw double-digit gains after the Mexican government agreed to curb illegal trade.
Pi42 CEO Avinash Shekhar says macro trends affect crypto. He notes that the US, Canada, and Mexico’s border deal has calmed market fears, allowing Bitcoin to rise again.
Sathvik Vishwanath (Unocoin CEO) highlights how big investors injected $1 billion at the $89,000 support level. This prevented a deeper crash and led to the quick recovery.
Shivam Thakral (BuyUcoin CEO) credits the rebound to positive trade talks. Trump’s pause on tariffs boosted buying activity.
Bitcoin must stay above $99,000 to continue its bullish run. If it breaks $103,400, it could see new all-time highs. Investors should watch for more trade news, as it will impact the market in the coming days.
