Why Is the Crypto Market Going Up Today? BTC, ETH, XRP, and Pi Network Bounce Back Strong

After a scary weekend with geopolitical tensions and market cuts, the cryptography market shows new signs of life. The reversal of the cryptography market comes after Bitcoin has briefly dropped below $ 100,000 in the midst of fears surrounding the American air strikes on Iranian nuclear installations. The Middle East conflict has sent shock waves on the financial markets, but Bitcoin has managed to hold key support levels and has since fallen over $ 101,000.

The global cryptography market shows signs of recovery, total market capitalization climbing 3.12 dollars – up 2.42% in the last 24 hours. Bitcoin continues to carry out the market, exchanging more than $ 101,400 with a gain of 5.7% in last week. Ethereum follows with a solid weekly increase of 14.6%, while altcoins like XRP, Solana, Dogecoin and Cardano display two -digit weekly gains.

The hyperliquid (hype) jumped on 22% this week, cementing its place among the best artists. Despite the rebound, the Altcoin season index remains low at 15/100 – suggesting that the domination of Bitcoin still reigns this rally for the moment.

One of the biggest trust boosters for Bitcoin was the news that Michael Saylor de microstrategy bought a value of $ 1 billion in BTC, adding to institutional optimism. This truck repurchase has triggered a chain reaction, with altcoins like ETH, XRP, ADA, DOT and PI Network to catch an offer.

With geopolitical fears that cool slightly and the options expire away, cryptographic markets stabilize for the moment. But with always imminent macro risks and ETF developments on radar, traders are advised to remain vigilant while enjoying this rebound.