Ether has surged 8%, while Bitcoin approaches the $106,000 mark, signaling strong bullish momentum in the cryptocurrency market. Investors are optimistic about regulatory developments and increased institutional adoption driving prices higher.
Bitcoin’s potential ascent to new all-time highs is highlighted as the US-China trade deal boosts market confidence, driving the DXY to a one-month high. Analysts suggest that favorable economic conditions could propel cryptocurrency prices upward.
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