#CryptoMarketMoves
🚀 Bitcoin above $70,000: Crypto market revives amid de-escalation
Geopolitical tensions are easing, while “dry powder” is accumulating. Crypto markets are showing solid growth after panic around the conflict with Iran began to subside.
📊 Key figures of the day:
• BTC: Overcame the $70,000 mark (+4.6% in 24h).
• Alts: ETH and SOL increased by 3-5%, while growth leaders — $HYPE , $ZEC and $RENDER — jumped by 7-11%.
• Gold: Record $5,194, silver also shows a strong plus (+6.5%).
💧 Stablecoins are fuel for a new rally
USDC market cap is rapidly approaching its all-time high of $78.6 billion. The growing supply of stablecoins (USDC and USDT) suggests that investors are preparing capital for new purchases.
⚠️ What to watch out for?
Despite the optimism, there are a few nuances:
1. Coinbase Premium Index remains in the red. This is a signal that demand from American investors is still lagging behind offshore exchanges.
2. Solana (SOL) is stuck in the $75–$90 range. A breakout above $100 could trigger a real rocket, but a breakout below will confirm the bearish trend.
3. Macro: Oil fell below $100, adding stability to risky assets.
📅 Today's events:
• Announcement from Succint.
• US home sales data (expected 3.9 million).
• Final voting in DAO (Aavegotchi, ssv.network, Realtoken).
