Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Wrapped SOL 
USDC 
Lido Staked Ether 
TRON 
Dogecoin 
Crypto majors surged following news of the U.S. government’s reopening, with Bitcoin (BTC) up 4% to $106,000, Ethereum (ETH) gaining 4% to $3,590, Binance Coin (BNB) rising 1% to $996, and Solana (SOL) advancing 5% to $168. Among the top movers, Starknet (STRK) soared 40%, Wolfi (WLFI) jumped 27%, Pump (PUMP) climbed 17%, and Near Protocol (NEAR) added 18%. Zcash (ZEC) briefly spiked to $750 on Friday before retracing to $630, still up 57% for the week. In regulatory news, the UK announced plans to cap stablecoin holdings at £20,000. Meanwhile, Ledger is reportedly considering either a New York IPO or private financing within the next year. In traditional markets, Michael Burry made headlines after placing a $1.1 billion bet against AI giants Nvidia (NVDA) and Palantir (PLTR), rattling tech stocks and fueling the “AI top” narrative.
💡 DMK Insight
Crypto majors are reacting strongly to the U.S. government’s reopening, and here’s why that matters: With Bitcoin now at $106,000 and Ethereum at $3,590, the 4% gains indicate renewed investor confidence, likely fueled by optimism around regulatory clarity and potential institutional inflows. This surge isn’t just a blip; it aligns with broader market trends where risk assets are gaining traction as economic conditions stabilize. Traders should watch for BTC to hold above the $105,000 level, as a failure to do so could trigger profit-taking. Meanwhile, Ethereum’s rise suggests that DeFi and NFT sectors are still hot, making it a key asset to monitor. On the flip side, while the excitement is palpable, it’s worth considering that such rapid gains can lead to volatility. The 40% jump in Starknet (STRK) and 27% in Wolfi (WLFI) could signal speculative trading, which often precedes corrections. Traders should keep an eye on market sentiment indicators and be prepared for potential pullbacks, especially if BTC fails to maintain its momentum above the $106,000 mark. Watch for any news that could impact regulatory stances or economic policies, as these could shift market dynamics quickly.
📮 Takeaway
Monitor Bitcoin’s ability to hold above $105,000; a failure could trigger profit-taking and increased volatility across the crypto market.
