Bitcoin
Analysts said it cooled during US trading hours on Monday after reaching $123,000 early in the session.
BTC fell below $120,000 late in the US day, draining most of its advance overnight, but retaining a modest 0.6% increase in the last 24 hours. Ethereum’s Ether {{eth}} $3,000 back down during Dogecoin
There is Cardano {{ada}} and Stellar’s XLM {{xlm}} That day there was a decrease of about 2% to 3%.
Among the majors, XRP
sui and uniswap’s uni {{uni}} They outperformed with profits of 2.5%, 10% and 6% respectively.
Crypto-linked stocks traced some of the morning profits along with strategy (MSTR) And the Galaxy (glxy) Coinbase, even higher 3% to 4% (coin) 1.5%
After BTC surges by more than 10% in under a week and some Altcoins have made even more progress, prices could be consolidated as some traders digest the movement and realize profits.
Still, this foot of crypto rallies is more likely than it would ultimately be early on, says Jeff Dorman, CIO at digital asset investment firm Arca.
In Monday’s Investor Notes, he cited Crypto analyst Clemente’s observations on previous major tops, such as the Bitcoin ETF-related peaks in March 2024 and the December 2024 Frenzy surrounding the Trump election/inauguration ceremony in December 2024.
“The current rally is not nearby,” Dorman said.

Volumes for both centralized and decentralized exchanges rose 23% a week, but are not yet close to levels at other broad market rallies in the past, Dorman added.
According to Eric Demuth, CEO of Europe-based Crypto Exchange Bitpanda, the big picture shows that Bitcoin is being driven higher by investors seeking shelter from excessive sovereign debt and financial inflation.
He said the BTC has risen to 200,000 euros. ($233,000)“It’s certainly a possibility,” but the underlying adoption of assets is more important than price targets.
“What happens when Bitcoin is permanently incorporated into the major investors’ portfolios, the reserves of sovereign states and the infrastructure of global banks?” he said. “That’s exactly what’s happening right now.”
In the next year, Dermas hopes that Bitcoin’s market capitalization will gradually converge on gold, currently more than $22 trillion, nine times larger than BTC.
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