Bitcoin (BTC) Price Soars Over 10% WoW, Pulling the Rest of the Crypto Market

The crypto market this week has primarily propelled an optimistic sentiment among traders and investors globally by showcasing bullish price trajectories. Bitcoin (BTC) price has gained over 10%

The crypto market this week has largely been ing્રીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીી

As the week reached its peak, the primary cryptocurrency, Bitcoin (BTC), showed a 10% increase in price over the past seven days, as per CoinMarketCap’s data. The flagship coin faced a stockpile of optimistic developments this week, which ultimately contributed to the bullish action.

Specifically, Japan’s Metaplanet acquired another 330 BTC in one of its latest hauls over the week, as reported by CoinGape Media.

On the other hand, renowned investor Robert Kiyosaki has predicted that Bitcoin price is poised to hit $180,000 to $200,000 in 2025. Notably, this bullish prediction has garnered significant attention across the broader crypto market.

Furthermore, BTC futures OI exceeded the $64 billion mark by the week’s end, according to data from Coinglass. In a related development, U.S. spot Bitcoin ETF products recorded inflows of $3 billion.

Overall, these market stats highlight a substantially heightened interest in Bitcoin over the past week.

In the same period, major league altcoins have also witnessed a noteworthy bullish movement.

ETH price went up over 11% week-on-week, closing this week near $1,800. This bullish action comes attributed to massive ETH whale accumulations, with reportedly $100 million worth of coins stacked by large-scale investors this week.

Moreover, SOL price surged nearly 4% in the same duration, exchanging hands at $146. Even XRP price has followed the broader market trend, pumping over 4% week-on-week, reaching $2.16.

For context, Bitcoin and the broader crypto market appear to be experiencing a positive investor sentiment amid Donald Trump’s hint at further delay on certain tariffs. Other tokens like DOGE, SHIB, and PEPE also extended price gains to 12%-21% this week.