Zag that Bitcoin finally broke through that $72k . First time since that crash in February, so that feels quite significant. The move wasn't really that wild—more of a gradual push upward than an explosion.



The entire market followed suit. Ether is now around $2.21k, Solana at $82, XRP at $1.33. Even Dogecoin made an attempt with some green. Tron lag a bit behind, but that's always the case.

What I noticed: the ETF inflow really seems to be playing a role here. Investors are feeling a bit more relaxed now that the geopolitical sentiment is improving. Oil prices are dropping, the Strait of Hormuz is stabilizing, so that war risk feels less urgent. Markets have moved past that initial shock and are now just pricing again.

Wall Street also helped—economic data was better than expected, inflation fears eased a bit. Asian markets were the first to turn green, South Korea shot up sharply after that heavy decline earlier.

The interesting part is that this feels more like a defensive move through ETFs than pure risk-taking. Investors want exposure but are feeling more cautious. So, that structured ETF inflow rather than wild speculation.

Can imagine this momentum continues if the geopolitical situation doesn't escalate further. But keep that $70k zone in mind—that was a strong resistance.
BTC-2,71%
ETH-2,76%
SOL-3,61%
XRP-1,77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin