The Cryptocurrency market achieved solid profit over the past 24 hours, which pushed the total market capitalization to $ 3.86 trillion, an increase of 2.34%. Bitcoin climbed 2.2% to $ 111,887, while Ethereum rose 3% to $ 4,123. XRP added almost 3%, traded at $ 2.86 and BNB raised 3.6% to $ 1,010. Solana led Major Altcoins with a jump from 4.4% to $ 210. Dogecoin and Cardano also won more than 3%.
Bitcoin shows signs of strength
Bitcoin recently climbed above $ 112,000 after last week in the fear zone. Analysts point to the Daily Relative Strength Index (RSI), which recently touched over -sold levels. Historically, these conditions have marked the start of new uptrends. Bitcoin also continues to act above his 200-day advancing average, a signal that the wider trend is still bullish.
The fear and greed index shifted from “fear” to “neutral” after Bitcoin’s jump, with improvement of sentiment. In the meantime, the institutional question remains strong. Blackrock’s Ishares Bitcoin ETF has collected more than 760,000 BTC, which is a reflection of the trust in higher prices ahead.
XRP and Ethereum join the Rally
XRP and Ethereum have followed Bitcoin’s recovery, supported by expectations of ETF approvals and continuous institutional accumulation. XRP has the above important support at $ 2.67, while Ethereum saw considerable inflow this week as digital assets treasuries that bought almost $ 1 billion in ETH.
Long -term holders also play a role in keeping the offer tight. In the case of XRP, a large part of the tokens has not moved for more than a year, which emphasizes a strong conviction among investors. If the institutional demand accelerates, the supply restrictions can stimulate competitive price increases.
Why market conditions still look bullish
Multiple indicators show that the market has not reached a cyclustop. The MACD on the monthly graph of Bitcoin did not turn a bearishon, the PI cyclus top indicator is not activated and the dominance of the stablecoin remains higher than in previous peaks. Traders also point out that global liquidity is expanding, which often supports risk companies such as crypto.
Seasonal factors can add Momentum. Historically, the fourth quarter was one of the strongest periods for both shares and digital assets. Many expect that Q4 2025 will follow a similar pattern, with meetings that may intensify in November.