Bitcoin holds above $100k, Ethereum surges, and US regulation opens up

🚀 Bitcoin breaks $100K – BTC reclaims a major psychological milestone, triggering liquidations and pushing prices higher

🚀 Ethereum surges 22% – ETH rallies sharply post-Pectra upgrade, ending months of sideways action

📊 Altcoins on fire – Berachain (BERA) jumps 28%, with Uniswap (UNI) and others riding the bullish wave

🏛️ Regulators open the door – US banks cleared to manage crypto assets, as TradFi moves closer to digital markets

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CRYPTOCURRENCY markets are breaking out across the board, driven by a wave of institutional interest, major technical upgrades, and signs of progress on US–China trade negotiations.

Bitcoin (BTC) has broken through the $100,000 mark - a key psychological and technical level - gaining more than 4% in the past 24 hours. The move likely triggered a cascade of short liquidations, contributing to the sharp upward momentum.

Ethereum (ETH) is leading the charge among large-caps, surging 22% overnight as the market digests the successful Pectra upgrade earlier this week, its most significant technical improvement since The Merge. Meanwhile, altcoins are seeing outsized gains: Berachain (BERA) is up 28%, with Uniswap (UNI) and others close behind.

The broader market rally coincides with increasing regulatory clarity in the US. The Office of the Comptroller of the Currency (OCC) announced that national banks under its supervision may now buy, sell, and hold crypto assets in custody, a notable green light for deeper TradFi integration.

Geopolitically, reports suggest that the US and China are working toward rolling back tariffs imposed during the Trump administration, easing concerns that have weighed on risk markets for months. With tailwinds from tech upgrades, policy shifts, and macro diplomacy, crypto markets appear to be entering a new phase of momentum.

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In the markets… 

🌍 Total crypto market cap ⬆️

The global cryptocurrency market capitalisation is approximately $3.22 trillion, reflecting a 6.66% increase over the last 24 hours.

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🟠 Bitcoin (BTC) ⬆️

Price: Currently trading at around $103,895, marking a 4.62% increase in the last 24 hours.

Daily high: Approximately $99,100

Daily low: Approximately $103,744

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📈 S&P 500 ⬆️

The S&P 500 index is up about 0.58% since yesterday.

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🥳 Fear & Greed Index

The Crypto Fear & Greed Index currently stands at 70/100, indicating a “Greed” among investors.

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📊 Bitcoin Relative Strength Index (RSI) (14)

The RSI for Bitcoin is approximately 76, with 70 and above indicating an overbought position, while 30 and below indicates that the asset is oversold.

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‍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.