Bitcoin Hits $108K; XRP Targets SWIFT Share; Solana Shows Stability
Bitcoin and XRP are leading a fresh wave of bullish momentum in the crypto markets as institutional interest ramps up.
Bitcoin Surges on JPMorgan Filing
Bitcoin jumped above $108,000 on Monday, fueled by JPMorgan’s trademark filing for “JPMD,” a digital asset platform for trading, payments, and issuance. This institutional development added to the positive sentiment surrounding bitcoin ETFs, helping BTC rise over 3% from the prior day. Analysts say JPMorgan’s continued crypto involvement signals growing Wall Street support for digital assets.
While the price push is noteworthy, analysts warn this may be a near-term rally. Still, strong ETF flows and a favorable macro environment could support bitcoin’s path toward retesting…