Key Notes:
* The $11 trillion asset manager BlackRock and the business intelligence company Strategy (formerly MicroStrategy) brought bullish momentum to the crypto market with their latest buying spree.
* As the Strategy and BlackRock accumulation came, Bitcoin broke the $95,500 mark for the first time since Feb. 24.
* The leading cryptocurrency is currently trading at $94,900.
* Bitcoin’s bullish momentum brought optimism to the broader crypto market as well. The global cryptocurrency market cap increased by 0.25% to $2.97 trillion, according to CoinMarketCap data.
* Now, traders are shifting focus to altcoins and meme coins, with social discussions hinting at the altseason.
* However, Santiment data shows that when traders start to heavily mention altcoins and altseason on social platforms, it’s usually a sign of a market top.
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