• bitcoinBitcoin (BTC) $ 80,779.00
  • ethereumEthereum (ETH) $ 2,328.44
  • tetherTether (USDT) $ 0.999857
  • xrpXRP (XRP) $ 1.42
  • bnbBNB (BNB) $ 650.28
  • usd-coinUSDC (USDC) $ 0.999816
  • solanaSolana (SOL) $ 93.20
  • tronTRON (TRX) $ 0.350547
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

Is the Bull Market over? The AI Manhattan Project! Monad Launch Reaction!

Crypto majors rallied alongside a broad market surge, with BTC up 2% to $87,400, ETH up 4% to $2,920, BNB up 1% to $850, and SOL up 5% to $136, while KAS (+22%), ENA (+13%), and SUI (+11%) led the day’s top movers. The NASDAQ jumped 2.7% as stocks such as GOOG (+6%) and TSLA (+7%) posted strong gains. In policy and industry developments, the White House launched the “Genesis Mission,” described as a Manhattan Project–style initiative for AI, and Binance along with CZ faced new accusations of enabling crypto transactions for Hamas. Kraken hinted at a debit card debut expected today, and Tether purchased another 1 million Rumble shares, pushing the YouTube rival’s stock sharply higher. Meanwhile, the European Central Bank reiterated its warnings that the rapid growth of stablecoins could introduce stability risks to the wider financial system.

🔗 Source

💡 DMK Insight

Crypto’s recent rally isn’t just a coincidence—it’s tied to a broader market surge. With BTC now at $87,400 and ETH at $2,920, traders should note the correlation with the NASDAQ’s 2.7% jump. This suggests a risk-on sentiment, which could lead to further inflows into crypto as investors seek higher returns. The upward momentum in altcoins like SOL and KAS indicates a potential shift in market dynamics, where traders are looking beyond just the majors. However, be cautious; this rally could face resistance at key levels, particularly if BTC approaches $90,000, where profit-taking might kick in. Watch for volume spikes as a signal of sustainability in this trend. If the NASDAQ continues to perform well, it could bolster crypto prices further, but any signs of a reversal in equities could lead to a swift pullback in crypto as well. Keep an eye on the daily charts for any bearish divergences that could signal a correction.

📮 Takeaway

Monitor BTC’s resistance at $90,000 and ETH’s performance around $3,000; a sustained rally hinges on continued strength in the NASDAQ.

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