Crypto Market Soars as Bitcoin Hits $102K, Ethereum Gains Momentum

The crypto bull run is on, as recently documented by Jeremy Josse, Bitcoin has now gone over $102,000, as Ethereum makes great strides. In addition to Bitcoin, several other cryptocurrencies are off to the races, including Solana and XRP. The global crypto market cap is now more than the US$3.26 Trillion.
Bitcoin (BTC) continued its bullish move, now trading at US$102,017.75. That’s a 1.73% bump in the last 24 hours and more than an 8% jump in the last week.
Ethereum (ETH) joined the bullish party, posting an impressive increase of 3.19% over the past 24 hours to climb to US$2,439.91. On the other hand, Ethereum has posted an incredible week-over-week gain of 35.28%. The U.S. Securities and Exchange Commission (SEC) is apparently considering allowing ETH ETF staking. Many are speculating that this possible move is just one of the things driving Ethereum’s bullish trend.
Solana (SOL) increased by 2.79% to US$169.08. Additionally, the Solana blockchain ecosystem has been riddled with heavy memecoin activity in which they can provide further price volatility.
Despite the enormous strain on the cryptoUBS market, Tether (USDT) has held the peg remarkably well. Today, the stablecoin maintains a staggering 24-hour trading volume of more than US$128 billion and a market cap of more than US$143 billion.
Of the altcoins SKYAI/USDT was one of the biggest gainers with a 31.63% rally to US$0.06135. IKUN/SOL, another altcoin, surged over 9,999%.
Amongst altcoins, SKYAI/USDT experienced a notable rally of 31.63%, reaching US$0.06135. IKUN/SOL, another altcoin, surged over 9,999%.

Ava Thompson
Blockchain Market Psychology Editor
Ava Thompson explores blockchain and market psychology through an evidence-based yet human-focused lens. She bridges strategic thinking with direct, nuanced communication, and her work features a balance of in-depth analysis and relatable storytelling. Outside the newsroom, Ava is an avid urban gardener and street art enthusiast.
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