Crypto Roars Back: Bitcoin and Ether Lead Broad Market Rally

The digital asset market just flipped the script. After weeks of sideways drift and bearish whispers, a powerful surge has sent prices climbing across the board. Bitcoin and Ethereum aren't just participating—they're leading the charge.

The Big Two Set the Pace

Bitcoin, the original crypto, is acting like it again. It's breaking through key resistance levels that had traders scratching their heads. Ether, meanwhile, is showing strength that suggests more than just riding Bitcoin's coattails. The move feels coordinated, decisive.

Altcoins Catch the Wave

It's not a two-horse race. The rally's breadth is what makes it significant. Major altcoins across various sectors—DeFi, infrastructure, metaverse—are posting solid gains. Money isn't just rotating; it's flowing in. The fear of missing out, that old market catalyst, is starting to simmer.

What's Fueling the Fire?

Pinpointing a single trigger is a fool's errand—markets are complex beasts. But the momentum is undeniable. It could be institutional positioning, a macro shift, or simply a technical breakout gaining steam. Sometimes, prices go up because they went up yesterday, a logic that would give a traditional finance quant an aneurysm.

The bounce is here. The question now is whether it has the legs for a real trend change, or if it's just another head-fake in the volatile crypto arena. Either way, the bulls are back in the room.

Bitcoin and ETH surge past key resistance

Bitcoin climbed more than 4% to $94,345, reclaiming levels last seen in mid-November and strengthening its short-term bullish structure.

With this short spike in BTC price, the Optimism within traders has shifted to new highs, with the odds of $BTC hitting $100K by the end of the year surpassing 50% on Polymarket.

NEW: ODDS OF $BTC HITTING $100K BY THE END OF THE YEAR SURPASS 50% ON @PolymarketMoney pic.twitter.com/KxWRYcKFxl

Ether also outperformed, jumping 8.3% to $3,384, extending its multi-day rally as staking flows and ETF anticipation continue to lift demand.

Altcoins follow the breakout

Following the momentum in Bitcoin, a wave of excitement hit large-cap altcoins, which moved in tandem. 

• SOL (+7.3% / $144.39): Extends its recovery streak as ecosystem TVL and user growth push higher.
• XRP (+3.8% / $2.17): Rallies alongside broader market, supported by cross-border settlement demand.
• BNB (+3.0% / $924.36): Steady climb amid rising activity across Binance-linked L2 and DeFi products.
• ADA (+10.6% / $0.479): Outperforms majors as traders rotate into undervalued alternative L1s.

HYPE continues to bleed

HYPE, the native token of Hyperliquid, was one of the few large tokens in the red, falling 7.25% to $27.74, marking its weakest levels since May. The decline extends a month-long slide that has erased nearly 30% of the token’s value, even as activity on the Hyperliquid ecosystem remains high.

The sell-off comes just as Hyperliquid Strategies, a Nasdaq-listed HYPE treasury firm, announced a $30 million stock buyback aimed at increasing per-share exposure to the token. CEO David Schamis said the move is intended to give investors “efficient access” to the token, though market reaction suggests confidence has yet to stabilize. Analysts say persistent sell pressure and uncertain macro conditions continue to weigh on the asset.

Traders eye Bitcoin’s path to $100K

With BTC pushing above resistance, analysts say the next key level is $100,000. Ripple CEO Brad Garlinghouse recently projected Bitcoin could reach $180,000 by 2026, citing improving U.S. regulatory clarity and surging institutional adoption. Others, like Cardano’s Charles Hoskinson, have suggested an eventual path toward $250,000, supported by ETF inflows and broader real-world use cases.

For now, the market is watching liquidity flows closely as crypto enters what many expect to be a decisive phase for the next major uptrend.

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