BTCUSD
Bitcoin rebounded in early trading, with prices reaching near the $71,000 resistance area, which is likely to limit further upside in today’s trading.
|
Support |
67000 | 62000 |
| Resistance | 71000 |
74000 |
Bitcoin jumped around 8% to $69,757, reaching its highest level since June 1, driven by Trump’s supportive comments on cryptocurrencies, his call for Congress to pass key industry legislation, and lower long-term U.S. Treasury yields, while his meeting with senior officials and digital asset executives boosted optimism over an improved U.S. regulatory environment, strengthening investor risk appetite and putting Bitcoin on track for its best daily performance since early February.
Rally extended across most altcoins, with Ethereum surging around 19.7% to $2,288, XRP gaining about 12%, Solana climbing more than 12%, Cardano rising around 9.7%, and BNB adding about 4.8%, while Dogecoin advanced around 8% and TRUMP jumped more than 20%.
EOS also gained more than 10% in a single session, while Cardano rose over 10% during parts of trading, with the broad-based gains showing that buying interest was not limited to Bitcoin but spread across much of the crypto market, reflecting stronger risk appetite and renewed liquidity flows into digital assets after a period of mixed performance.
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