The token broke through $1.50 resistance on a 125% volume spike, pushing its market cap to $93.4 billion. Binance futures open interest has climbed 59% since October even as the price remains 58% below its high.
Ether jumped 13%, XRP surged 11%, and solana gained 9.7% over seven days as $767 million in ETF inflows and ceasefire speculation fueled the broadest rally since before the war.
Bitcoin briefly surged to a six-week high above $75,000 before quickly retreating, underscoring the fragility of the latest rally.
Bitcoin’s move, led by unwinding of shorts, has lifted the broader crypto market, with the CoinDesk 20 Index up 5%.
CEO Jensen Huang predicted $1 trillion in chip demand through 2027 and praised OpenClaw and the rapid rise of agentic AI systems.
Your look at what’s coming in the week starting March 16.
The Senate Economics Legislation Committee said the proposed legislation will modernize digital assets regulatory framework.
Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.
Majors posted broad gains on Monday as oil eased from highs, two tankers sailed through the Strait of Hormuz for the first time since the war began, and Trump said the U.S. was talking to Iran.
Bitcoin’s convincing move above its key average indicates a strengthening of the bullish momentum.
The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds.
Each escalation in the Iran conflict has been larger than the last, but each bitcoin drawdown has been getting smaller.