Bitcoin (BTC) started the week trading above $94,000, confirming its gains from the previous week

Bitcoin began the week trading above the $94,000 mark, holding onto gains from the previous week. Top altcoins Ethereum, Solana, and XRP are also performing positively, prompting optimism.

After a period of relative weakness in March and April, Bitcoin appears to be regaining strength. With current prices above $94,000, there is potential for six-figure prices to return within reach. Top altcoins such as Ethereum, XRP (Ripple), and Solana are also benefiting from the trend reversal.

Bitcoin ETFs in the US attracted a good $3 billion in investments over the past trading week. According to data from SoSo, this is a new record for 2025. This also shows that institutional investors believe Bitcoin can prove itself as a store of value amid the chaos of US President Donald Trump’s trade policy.

In keeping with this, the BTC company MicroStrategy currently has a share value of around $100 billion, making a second attempt to gain inclusion in the US stock index S&P 500.

This week, Ethereum (ETH) is trading at around $1,800, marking a weekly gain of 9 percent. Next week, on May 7, the Pectra upgrade is scheduled to be rolled out to Ethereum, which will improve user experience. The community is discussing a proposal to gradually increase ETH fee limits to allow for more reliable revenue planning.

XRP (Ripple) is trading at $2.30, showing a rise of 7 percent over the week. Trading in XRP futures is set to open in the U.S. in mid-May, marking Ripple’s first major step toward regulated financial markets.

Solana (SOL) is currently trading just above the $150 mark, notching up a 7 percent gain this week. Initiatives to integrate artificial intelligence projects into the Solana ecosystem are paving the way to opening up additional application areas for SOL.

The official TRUMP meme coin is the weekly winner among the 50 most capitalized cryptocurrencies worldwide, boasting a gain of 80 percent over the past seven days. This momentum stems from the controversial campaign of using TRUMP to distribute invitations to dinner with the US President, which may be a one-time effect.

There has been a lull recently surrounding US President Donald Trump’s threats to impose horrendous trade tariffs even on close partners like the EU, Mexico, and Canada. This has inadvertently boosted stock and financial markets.

In a surprising turn of events, Bitcoin is also benefitting from this indirect impact. Leading altcoins such as Ethereum, Solana, and XRP are showing optimism in the wake of this development. However, all three altcoins are still lagging behind their previous all-time highs by more than 40 percent.

On the other hand, Bitcoin is only 10 percent away from reaching its previous all-time high of $109,000, reaffirming its status as the leading cryptocurrency.

The coming days will reveal whether the positive trends in the crypto markets will be sustained. Traders are hoping for a US president who will govern with more calmness and stability than what has been seen recently.