📊 Major Crypto Market Movements

• Bitcoin is hovering near $110,000, reaching intraday highs around $110.2K, though some pullback has been seen — likely tied to broader market factors

• Ethereum stands strong above $2,600–2,700, surging ~7% recently amid increased demand for ETH options

• Altcoins show broad gains—98 of the top 100 are positive, with XRP up ~10%, Dogecoin and Solana jumping ~5–10%

Market Drivers

• Institutional inflows into spot BTC & ETH ETFs are fueling momentum, with inflows into BTC topping $120 billion AUM

• US–China trade talks and upcoming US inflation (CPI) data are acting as catalysts influencing trader sentiment

• Positive comments from the SEC chair regarding DeFi and regulatory clarity are giving altcoins a lift

• US Congress continues to push crypto regulation bills like the Digital Asset Market Clarity Act (CLARITY) and GENIUS Act, marking progress but diplomats remain cautious