Crypto is broadly bid today, led by BTC strength and selective alt rotation. BTC is trading around the low-to-mid $114K area with roughly a 1% daily gain, while ETH is near $4.6K with a stronger intraday advance of about 2%.
Leadership is narrow but clear. Large-cap momentum remains concentrated in BTC and ETH, while some majors like BNB and SOL are lagging or mildly red on the day, showing a mixed but still risk-on tape.
The key market movement is capital clustering into quality and liquidity. Flows appear strongest in the highest-liquidity names and in ETH-linked activity, while broad alt participation is improving only selectively rather than all at once.