Bitcoin’s Unpredicted Surge Shifts Market Dynamics
Main Idea
Bitcoin's unexpected surge in 2025, driven by the GENIUS Act and institutional demand, shifted market dynamics, with altcoins potentially benefiting from capital rotation.
Key Points
1. Bitcoin (BTC) reached a new high of $119,309, influenced by the GENIUS Act and strong institutional demand.
2. Roman Trading viewed the $100,000 range as a ceiling for BTC, but the market saw a rise instead of a crash.
3. Large BTC deposits on exchanges reached their highest levels since July 2024, indicating potential profit-taking and capital rotation into altcoins.
4. Ethereum (ETH) faced resistance at $3,825, with downward momentum increasing at $3,490, which could impact altcoin performance.
5. The market's volatility and risk were highlighted, with traders advised to conduct their own research.
Description
Bitcoin reached a new record high amid tariff uncertainty. Roman Trading remains bearish despite upward market trends. Continue Reading: Bitcoin’s Unpredicted Surge Shifts Market Dynamics The post Bitcoin’s Unpredicted Surge Shifts Market Dynamics appeared first on COINTURK NEWS .
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