The rest of the ecosystem also accompanies generalized increases. The 20 main tokens rise up to 9.3% headed by PI, followed by Dogecoin and Avalanche (3.3%).
The cryptocurrency market maintains the bullish impulse this Wednesday. The Bitcoin (BTC) advances in moderation and is located around US $ s103,900, according to Binancewhile Ethereum (eth) Advanza 2.3% Au $ 2,600 and in the last 7 days more than 40% progresses.
The rest of the ecosystem also accompanies generalized increases. The 20 main tokens rise up to 9.3% headed by PI, followed by Dogecoin and Avalanche (3.3%).
Despite the good moment, some analysts warn that this recovery could have a nearby roof. “The strengthening of the dollar, driven by recent news about tariffs, has acted as a natural brake for digital assets”he explained Alex KuptsikevichChief Market Analyst in FXPRO. According to the specialist, this is aggravated by the closeness of Bitcoin to his historical maximums, which feeds the profits after a rally for more than a month.
However, the appetite for risk seems to be reactivated. The markets held a series of positive events: the commercial agreement between United States and Chinaa American inflation fact below expectedand the New Saudi Arabian investment commitments in the US All factors that have favored a more optimistic environment.
In addition, the recent one Inclusion of coinbase in the S&P 500 index He acted as an additional catalyst for the crypto ecosystem. This is the first company in the sector to enter the prestigious stock market index, which reinforces the institutional legitimacy of the industry.
Looking ahead to capital flow, the data of Coinshares they reveal income by 882 million dollars In institutional funds during the past week, marking the third consecutive week of strong entries. Bitcoin monopolized 867 millionwhile Ethereumdespite his good recent performance, he attracted only 1.8 million.
From the technical analysis, César Nuez, from Bolsamanía, highlighted the strength of the current Bitcoin movement. “The cryptocurrency accumulates a revaluation of more than 40% since the minimum of April and has confirmed a trend change by exceeding the average of 200 sessions,” he explained. For nut, a new test of the historical maximums in the US $110,150 seems imminent. “To break that roof, an extension of the rally is not ruled out to US $130,000,” he concluded.
Source: Ambito
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