Crypto Market Surges Over the previous 24 hours, the worldwide bitcoin market has increased around 3.4% in value, therefore raising the total market capitalisation to an amazing $3.25 trillion. This increase puts the market back into the consolidation zone seen in February, a familiar area of resistance and support now acting as a basis for retesting historical highs above $3.5 trillion.
Unlike the spectacular surge in November, which proceeded rapidly with little opposition, this present movement seems more calculated. Supported by good trade volumes and rising investor confidence, market momentum is gradually building—but without the wild enthusiasm that distinguished past breakouts.
Sentiment in the Market Reaches Peak Since January
Rising above 70, the Crypto Fear & Greed Index is at its highest reading since late January. Though somewhat below the “extreme greed” cutoff, this level has traditionally matched ongoing upward momentum in the digital asset market. Traders are growing more hopeful; analysts say this degree of enthusiasm offers a strong basis for additional increases.
Macroeconomic and geopolitical events that have reduced the general risk environment help to explain this attitude increase. Especially, a significant trade agreement reached on Thursday between the United States and the United Kingdom proved to be a main driver of the most recent rise.
Trade Deal between US-UK Helmsons World Tensions
Aiming at lowering long-standing economic conflicts, President Donald Trump and UK Prime Minister Keir Starmer finalised a bilateral trade pact. The agreement includes clauses decreasing UK tariffs on American goods from 5.1% to 1.8% and increasing market access across many sectors, even while it keeps a 10% tariff on UK exports to the U.S.
This evolution has been seen as a de-escalation in world trade conflict—news that typically supports risk assets including cryptocurrency. Rising investor confidence in reaction helped drive the more general market surge.
Bitcoin Ascends Over $102,000
With pricing at $102,613.01, Bitcoin (BTC) increased 1.6% during the past 24 hours. Reflecting quite steady but optimistic conditions, intraday trading fluctuated between $100,631.53 and $104,297. With a market share of 62.82%, Bitcoin’s dominance also moved higher, therefore supporting its function as the bellwether asset of the market.
Matthew Hyland, a crypto expert, has reaffirmed his positive view and predicted possible new all-time highs in the present quarter. In a recent post, he underlined the significance of the Relative Strength Index (RSI) and continuous momentum as signs that, should bullish conditions last, BTC might meet targets of $160,000 or above.
With reference to ongoing investor interest and strong market structure, Hyland said, “I really do think that Bitcoin will end up breaking through these highs.”
Ethereum Skyrocketing 12% Following Pectra Upgrade
Rising 12% to trade at $2,302.49, Ethereum (ETH) had one of the daily gains. ETH saw notable volatility following a big network milestone, dipping to a low of $2,038.42 and rising to a high of $2,486, during the session.
The surge followed the effective execution of Ethereum’s Pectra upgrade, which engineers are referring to as the most aspirational improvement of the network since The Merge in 2022. Designed to increase scalability, efficiency, and long-term sustainability, Ethereum’s third significant update in the proof-of- stake era marks.
Viewing the update as a significant turning point in Ethereum’s development and a validation of its roadmap, market players replied with great energy.
Solana Post Solid Gains XRP
Rising almost 4% to trade at $2.33, XRP followed the larger trend after straying between $2.23 and $2.43. The token keeps gaining from institutional interest and regulatory certainty.
Supported by further expansion in its DeFi ecosystem and higher developer activity on its fast-moving blockchain network, Solana (SOL) also climbed, up 5% to $169.70.
As investors diversify among top-performing assets outside of Bitcoin and Ethereum, these movements show a larger taste for altcoins.
Losers and Top Crypto Gainers
A few smaller-cap Crypto Market made really significant increases. Leading the charge with a 32.71% jump was Pyth Network (PYTH), then Pepe (PEPE), which shot 22.71%. Ethena (ENA) increased 17.30%; Jupiter (JUP) and FLOKI respectively acquired 13.85% and 13.31%.
Four ( FORM) fell 5.17%, thereby performing the poorest of the day. Declining 3.06%, Walrus (WAL) lost 2.9%; Sui (SUI) dropped 1.07%; Quant (QNT) slid down by 1.01%. Bitcoin Cash (BCH) fell.
