Bitcoin Hits Five-Week High as Crypto Rally Gains Momentum
The cryptocurrency markets have been seeing a surge in mood due to the expectation of favourable regulatory reforms in the US, which has propelled Bitcoin to a five-week high of $66,910. Markets reacted positively to reports that President Trump had agreed to a significant ethics provision in the Clarity Act, which could be passed in the US, leading to a 3% increase in the overall market capitalisation of cryptocurrencies overnight. Continuous inflows to Bitcoin Spot ETF products listed in the U.S. have further enhanced sentiment. The federal regulator responsible for overseeing each segment of the U.S. digital asset market is defined explicitly in the CLARITY Act, which is also called the Digital Asset Market Clarity Act of 2025. The legislation has faced setbacks due to a dispute over an ethics clause that is part of it. The objectives of the regulation bill are to define stablecoins, safeguard developers, and make the responsibilities of the SEC and CFTC more clear. But the crypto market’s euphoria is happening at the same time as the Middle East’s geopolitical situation is getting worse, with the Houthis declaring a maritime embargo on Saudi Arabia and continuing attacks on shipping in the Strait of Hormuz. The Dollar Index has strengthened, bond yields have risen, and crude oil prices have soared due to the lack of indications that tensions are going to be eased. However, Wall Street futures are indicating positive movement, and gold has climbed by over 1%.
Additionally, the CMC Crypto Fear and Greed Index demonstrated the shift in market mood. After reading 37 (fear) the previous day, 34 (fear) the week prior, and 21 (fear) a month ago, the sentiment measure that follows the crypto market has climbed to 40 (neutral). The market dynamics have changed significantly, according to the figures of liquidations. The total amount of liquidations in the last 24 hours has hit $250 million. A total of $194 million was collected from short positions, while just $56 million was collected from long ones. Over the last day, the market value of cryptocurrencies has increased by 2.8%, reaching $2.26 trillion. There has been an increase of over 1% in 65 of the top 100 cryptocurrencies overnight, and a decrease of about 1% in about 7 of them. Along with a 24% increase in trading volumes, the overall market capitalisation of cryptocurrencies witnessed a substantial surge.
At this time, the biggest cryptocurrency, Bitcoin, is worth $66,795.50, an increase of 3.8%. Compared to the all-time high of $126,198.07 set on October 7, 2025, the current price is over 47% lower. We have reduced the original cryptocurrency’s year-to-date losses to 23.7%. Net inflows into Bitcoin Spot ETF products in the US increased to $227 million on Monday from $132 million the previous Friday. Net inflows totalling $117 million were recorded by the iShares Bitcoin Trust ETF. Based on market capitalisation data, Bitcoin is ranked fourteenth among all assets globally. On the 13th spot, behind Tesla, and on the 15th spot, behind Samsung, is the leading cryptocurrency. With a price of $1,934.80, Ethereum is presently up 3.7%. The leading alternative coin hit an all-time high of $4,953.73 on August 25, 2025, and is now trading at a level that is 61% below that. In a 24-hour period, the price range was 1,949.55 to 1,852.26. To this day, Ethereum is still down more than 34% for the year. On Monday, $38 million was added to the $37 million that was added to Ethereum Spot ETF products in the US on Friday. Proceeds from the sale of iShares Ethereum Trust ETF reached $34 million. According to reports, Ethereum’s market value has increased fourfold, propelling it to the 82nd spot among all assets worldwide.
The price of the fourth-ranked asset rose 1.4% overnight, reaching $574.66. At its current price, BNB is 58% behind its all-time high of $1,370.55, which it reached on October 13, 2025. XRP, the sixth-ranked cryptocurrency, is mostly concerned with payments; it saw a 5% increase overnight and is now trading at $1.14, or about 70% below its all-time high of $3.84, which it achieved on January 4, 2018. Overnight, the price of the seventh-ranked cryptocurrency rose 2.4% to $78.09. At its all-time high of $294.33 on January 19, 2025, SOL is now trading at a discount of around 73%. At its current price of $0.3285, TRON is trading at a modest increase of 1% overnight, putting it in the 8th position overall. At its current trading price, the cryptocurrency is 25% behind its all-time high of $0.4407, which was achieved on December 4, 2024. Trading at $62.11 overnight, 9th-ranked Hyperliquid saw a 2% increase, bringing it down about 19% from its all-time high of $76.85 reached on June 16. Memecoin Dogecoin, which is now ranked tenth overall, experienced a price boost of 1.3% overnight and is trading at $0.0732. DOGE’s current price is $0.0536, which is 90% below its all-time high set on May 8, 2021.
