Bitcoin climbing as markets eye tariff relief and uptrend momentum
📈 Strong weekly gains – Even the week's weakest crypto performers posted 8%+ gains
🚀 Berachain leads altcoins – BERA surged 48% over seven days, while BTC added more than 10%
😄 Greed returns – The Fear and Greed Index continues to signal bullish sentiment
🌏 Tariff truce – US–China agree to a 90-day tariff pause, boosting broader market optimism
CRYPTOCURRENCY markets wrapped up a bullish week with across-the-board gains, as even the lowest-performing assets posted returns of over 8%.
Berachain (BERA) topped the leaderboard, jumping 48% over seven days, while Bitcoin (BTC) gained more than 10% over the same timeframe, reinforcing investor confidence following a string of market-friendly developments.
The Fear and Greed Index continues to hover in 'Greed' territory, reflecting sustained bullish sentiment after Ethereum’s Pectra upgrade, dovish Fed messaging, and improved institutional flows. Investors are now watching to see whether crypto’s recent momentum can carry the sector into a new phase of price discovery.
Globally, markets received another potential tailwind: the US and China have reportedly agreed to reduce tariffs for 90 days, a move that could ease investor concerns about trade-related supply chain disruptions. “Obviously, this is very positive news for economies in both countries and for the global economy,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management, in comments to Reuters.
US equities have yet to fully react, with the S&P 500 trading flat overnight, but crypto investors are already positioning for another active week. Could this be the start of a breakout into all-time highs?
In the markets…
🌍 Total crypto market cap ⬆️
The global cryptocurrency market capitalisation is approximately $3.you 37 trillion, reflecting a 1.55% increase over the last 24 hours.
🟠 Bitcoin (BTC) ⬆️
Price: Currently trading at around $104,460, marking a 0.28% increase in the last 24 hours.
Daily high: Approximately $105,503
Daily low: Approximately $103,735
📈 S&P 500 ⬇️
The S&P 500 index is up about 0.071% since yesterday.
🥳 Fear & Greed Index
The Crypto Fear & Greed Index currently stands at 73/100, indicating a “Greed” among investors.
📊 Bitcoin Relative Strength Index (RSI) (14)
The RSI for Bitcoin is approximately 54.27, with 70 and above indicating an overbought position, while 30 and below indicates that the asset is oversold.
Post Script…
Cautionary Notes
It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.
