Bitcoin Breaks $107,000 Barrier; Altcoins Join Broad Market Rally
- Bitcoin broke above the $107,000 resistance level on May 21, 2025, reaching a daily high of $107,201.78 on global exchanges.
- This rise followed a rebound from April lows below $75,000, driven by easing macroeconomic uncertainty linked to the easing of President Trump's trade war rhetoric.
- Alongside Bitcoin’s surge, altcoins like Ethereum, Dogecoin, and Solana showed strong gains of 58%, 45%, and nearly 23% respectively in the past 30 days, fueling a broad market rally.
- Bitcoin’s realized capitalization surpassed $900 billion and technical indicators such as a bullish MACD and an RSI of 62 suggest ongoing upward momentum near all-time highs.
- The rally reflects renewed investor confidence supported by fresh regulatory openness and institutional participation, implying potential long-term growth despite short-term volatility.
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Bitcoin's New All-Time High Sparks Potential Altcoin Rally Amid Market Optimism · Cardano Feed
The recent surge in Bitcoin's price signals a pivotal moment for the cryptocurrency market, with altcoins poised to follow suit if momentum is sustained. As market sentiment shifts positively, several altcoins are bouncing off their support levels, reflecting renewed investor confidence in the cry


Bitcoin Breaks $107,000 Barrier; Altcoins Join Broad Market Rally
The overall crypto market cap rose by 0.87 percent in the last 24 hours. Bitcoin and Ether, both registered profits on Wednesday, May 21. Dogecoin, Tron, and Avalanche registered gains. Meanwhile, Ripple joined Cardano and Chainlink in clocking losses.
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