📰 *Bitcoin Nears $80K as Crypto Rally Stretches to a 3rd Straight Day | Bankless*
The crypto market recorded a strong growth momentum for the third consecutive day. Bitcoin (BTC) is currently trading above $77,000, reaching the $79,000 mark this morning (up ~23% over the week). Ethereum (ETH) is also making impressive gains, up 28% over 7 days and moving toward the $2,400 level. In particular, Hyperliquid’s HYPE set a new ATH at $77 (up 36% over the week).
*Key drivers:*
1. **Politics & Regulation:** The Clarity Act and statements about crypto reserves at the White House summit.
2. **Finance:** The U.S. Treasury Department’s bond buyback plan and a surge in ETF inflows.
3. **Technicals:** A large-scale “short squeeze” phenomenon.
*Highlight: Hyperliquid (HYPE):* HYPE’s extraordinary growth is driven by President Trump directly mentioning it and expectations that the CFTC will support this exchange in operating legally in the U.S.
The question now is whether this rally is the beginning of a sustainable bull market.
🔗 https://www.bankless.com/read/news/bitcoin-nears-80k-as-crypto-rally-stretches-to-a-3rd-straight-day
👉 Where is the alpha? Right here — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $HYPE
The crypto market recorded a strong growth momentum for the third consecutive day. Bitcoin (BTC) is currently trading above $77,000, reaching the $79,000 mark this morning (up ~23% over the week). Ethereum (ETH) is also making impressive gains, up 28% over 7 days and moving toward the $2,400 level. In particular, Hyperliquid’s HYPE set a new ATH at $77 (up 36% over the week).
*Key drivers:*
1. **Politics & Regulation:** The Clarity Act and statements about crypto reserves at the White House summit.
2. **Finance:** The U.S. Treasury Department’s bond buyback plan and a surge in ETF inflows.
3. **Technicals:** A large-scale “short squeeze” phenomenon.
*Highlight: Hyperliquid (HYPE):* HYPE’s extraordinary growth is driven by President Trump directly mentioning it and expectations that the CFTC will support this exchange in operating legally in the U.S.
The question now is whether this rally is the beginning of a sustainable bull market.
🔗 https://www.bankless.com/read/news/bitcoin-nears-80k-as-crypto-rally-stretches-to-a-3rd-straight-day
👉 Where is the alpha? Right here — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto #BTC #Bitcoin $HYPE