Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Crypto majors are sharply higher, climbing 6–10% following Vanguard’s crypto debut and supportive commentary from Bank of America, with BTC up 6% to $92,900, ETH up 9% to $3,070, BNB up 7% to $899, and SOL up 10% to $142. Among top movers, SUI gained 24%, PENGU 19%, and LINK 18%. Ethereum’s Fusaka upgrade is scheduled to launch today, aiming to improve mainnet ingestion of L2 data and reduce rollup costs to enhance scalability. Bank of America is now recommending a 1–4% crypto allocation for clients across Merrill Lynch and the Private Bank. On the corporate front, Kraken has agreed to acquire tokenization platform Backed Finance to accelerate the adoption of tokenized stocks, while Chainlink introduced its “LINK Everything” initiative, a comprehensive tokenization stack featuring CCIP, compliance tools, and expanded data and compute services. In the regulatory and leadership landscape, crypto-friendly Kevin Hassett is now an 85% favorite to become the next Federal Reserve Chair after Jerome Powell, Binance has appointed cofounder He Yi as Co-CEO, and the UK has formally created a new property category for crypto and NFTs through its newly passed Property Act.
💡 DMK Insight
Crypto majors are on a tear, and here’s why that’s crucial: Vanguard’s entry into the crypto space signals institutional validation, which could lead to increased retail interest. With BTC now at $93,082 and ETH at $3,196, the momentum is palpable. Bank of America’s positive remarks further bolster confidence, suggesting that institutional players are ready to engage more deeply. Traders should be watching for BTC to maintain support above $90,000 and ETH to hold above $3,000. If these levels hold, we could see a continuation of this rally, potentially pushing BTC towards $100,000. However, keep an eye on the broader market sentiment; a sudden shift could trigger profit-taking, especially with altcoins like SOL and LINK also showing strong gains. The real story is whether this rally can sustain itself or if it’s just a short-term spike fueled by news. Watch for any shifts in trading volume or sentiment indicators that might suggest a reversal. If BTC dips below $90,000, it could trigger a wave of selling, so stay alert.
📮 Takeaway
Monitor BTC’s support at $90,000 and ETH’s at $3,000; a failure to hold these levels could lead to significant pullbacks.
