Bitcoin surged to $120,027, up 2.55% daily and nearly 10% weekly, with a market cap of $2.39 trillion. The futures market saw $134.7 million in liquidations over the last 24 hours, with $117 million of that attributed to shorts.
Altcoins also benefited from the massive surge, with Ethereum hitting $4,480 and Solana hitting $231. Binance’s BNB hit an all-time high of $1,108, up 7.27%
Spot ETF inflows remain strong: BTC +$627 million, ETH +$307 million, both marking four straight days of inflows.
Bitcoin options cluster around $100K–$120K, with light call demand at $130K and speculative interest at $300K.
The U.S. Treasury executed another $2 billion buyback, bringing the weekly total to $4.9 billion.
President Trump floated the idea of handing out $1,000–$2,000 stimulus checks funded by tariff revenue.
The S&P 500 has recovered all losses incurred since the US-Iran conflict began. Crypto followed, but the rebound is narrow — BTC sitting near two-month highs while altcoins lag.
The $6.5 billion weekly volume record is the data point. The real story is what's changed about who's using these platforms, and why the infrastructure may finally match the demand.
Two insider-linked incidents dating back to February 2025 exposed support data from roughly 2,000 accounts. The exchange says no breach occurred and funds were never at risk.
Crypto markets recovered Monday as Iran nuclear talks progress and the Strait of Hormuz blockade remains without escalation. BTC approaches $74,000, but elevated equity correlation and fragile technicals keep the risk-reward unclear.
