Markets Roar to Life as Trading Week Kicks Off—Crypto Bulls Lead the Charge

Global markets jolted awake with volatile energy on Monday—just another manic start for traders chasing alpha while main street shrugs. Crypto assets outpaced traditional markets (again), proving decentralized finance doesn’t take weekends—or coffee breaks.

Wall Street’s old guard? Still waiting for their fax machines to warm up. Meanwhile, Bitcoin and Ethereum ripped past key resistance levels, leaving legacy assets eating dust. The pattern’s clear: when traditional finance hesitates, blockchain bets double down.

And let’s be honest—if banks could front-run this rally like they do everything else, they would. But for now? The suits are stuck watching from the sidelines as degens and institutional whales split the profits.

$105,519 traded steadily around $105,650, while optimism surrounding U.S.-China trade talks bolstered Asian stock markets. The doji candlestick pattern from Sunday highlighted the indecision among crypto investors. The seven-day average of on-chain transactions approached its lowest levels in a year, indicating weak trading volumes. Meanwhile, in Hong Kong, the Hang Seng index increased by 1.3%, climbing past 24,000 points for the first time since March, as risk appetite rebounded across Asia.

ContentsSlow Start for Bitcoin and AltcoinsOptimism from Trade Talks Boosts Asian StocksInflation Concerns and Global Central Bank Actions

Slow Start for Bitcoin and Altcoins

Following Sunday’s short candlestick, bitcoin traded in a narrow range around $105,650. According to data from Blockchain.com, on-chain activity hovered near a yearly low, making it challenging for the price to gain upward momentum. Even some miners included transactions with fees as low as 0.1 sat/vB in their blocks.

XRP, which had surpassed the downtrend line that began in mid-May, fell back to the $2.24 level, losing over 1% in value. The APEX 2025 conference week in Singapore could maintain high volatility. Meanwhile, Doge dipped below the 100-day average, declining to $0.18, reinforcing indecisiveness with weakening trading volumes.

Optimism from Trade Talks Boosts Asian Stocks

The Hang Seng index ROSE by 1.3%, surpassing 24,000 points. The KOSPI and Shanghai Composite also closed positively. The rally gained momentum amid expectations that high-level trade delegations meeting in London will discuss tariffs.

Adam Button, an analyst at ForexLive, reported that Optimism in the markets had reached its highest level since Trump’s election victory. U.S. President Donald Trump’s comments that the talks would go “very well” supported the improved risk appetite in Asia.

Inflation Concerns and Global Central Bank Actions

In China, consumer prices fell by 0.1% annually in May, fueling deflation concerns, while producer prices declined by 3.3%, continuing the longest downward streak since 2008. Robin Brooks from the Brookings Institution highlighted that U.S. tariffs had subjected China to intense price pressures.

The People’s Bank of China cut key interest rates by 10 basis points in May and signaled a MOVE towards easing required reserves, hinting at further liquidity measures. Markets are now watching the U.S. CPI data to be released on June 12. The expected headline increase of 2.5% could dampen expectations of a Fed rate cut.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.