Crypto market regains bullish momentum amid economic shifts and institutional inflows
The crypto market has moved into bullish territory over the past two weeks, gaining about $300 billion in market cap. Bitcoin briefly became the fifth most-valuable of all financial assets this week, surpassing Google’s market cap for the first time. Currently trading above the $96,500 mark, BTC is just 3.7% away from reclaiming the $100,000 milestone, while other major altcoins like Ethereum and Solana are also showing strength, holding above the resistance of $1,800 and $150, respectively, driven by sustained buying interest.
Additionally, the macroeconomic factors have also created a favourable environment for crypto, helping in this rally. With the market starting a new month on an optimistic note, let’s take a look at what drove…