Bitcoin has surged past $100,000, while Ethereum records its strongest weekly performance since 2021, signaling renewed investor confidence in cryptocurrencies amid easing global trade tensions and institutional interest.
Bitcoin’s price climbed above $100,000 for the first time since February 2025, reaching a peak of $104,336. This resurgence follows a period of volatility triggered by U.S. President Donald Trump’s tariff announcements in April, which had caused Bitcoin to dip below $80,000. The recent rally is attributed to improved investor sentiment following a preliminary U.S.-U.K. trade deal and expectations of a more favorable regulatory environment for digital assets under the current administration.
Ethereum (ETH) also experienced significant gains, surging approximately 30% this week to around $2,490, marking its best weekly performance since May 2021. The rally is driven by renewed investor focus on Ethereum’s ongoing technological upgrades, including the recent implementation of the Pectra upgrade, which aims to reduce transaction fees and improve network efficiency.
Market analysts suggest that Bitcoin’s ability to perform well in both risk-on and risk-off environments, coupled with strong institutional buying pressure, could propel its price beyond $110,000 in the near term . Similarly, Ethereum’s recent network enhancements and increased investor interest may continue to support its upward trajectory.
The broader cryptocurrency market is also showing signs of recovery, with Solana (SOL) adding about 16% this week. The global crypto market capitalization has risen above $3 trillion, reflecting growing investor confidence in digital assets amid economic uncertainties.
As cryptocurrencies regain momentum, investors and market participants are closely monitoring regulatory developments and macroeconomic indicators that could influence future price movements.
