The crypto market is seeing an improvement in sentiment, reflected by significant price increases for Bitcoin and altcoins. This week, Bitcoin surpassed a notable resistance level.
Bitcoin and Altcoin Performances
Bitcoin (BTC) is currently trading below $95,000, a key level for the leading cryptocurrency. Recent data shows that BTC has decreased by 0.45%, reaching around $94,358.49. Observers noted that it recovered from a recent flash crash, where the asset fell to its lowest level in nearly five months. Traders are now eyeing the $100,000 milestone in the coming weeks as demand for crypto remains strong and sentiment turns positive.
Performance of TRUMP and SUI
The Official Trump token (TRUMP) and Sui (SUI) outperformed most other altcoins, recording gains of 79% and 70% respectively over the past week. The rise in TRUMP came after it was announced that the top 220 holders would be invited to a gala dinner with former U.S. President Donald Trump. Despite this, the token remains significantly below its peak of $75 achieved in January.
Institutional Demand is Up
While altcoins take the spotlight with double-digit rallies, institutional investors are pouring capital into Bitcoin. The U.S. Spot Bitcoin ETFs recorded their strongest week of inflows in 2025. Institutional clients are increasingly interested in Bitcoin, citing its properties of "inflation resistance" and "scarcity."
This week, the crypto market demonstrated an improved sentiment with rising prices for Bitcoin and altcoins. The increase in institutional interest towards Bitcoin also serves as an additional factor supporting the positive trend in the market.
