- Bitcoin hit a record $122K, triggering a market-wide rally with ETH, XRP, SOL, and DOGE all posting strong gains.
- ETF inflows and U.S. “Crypto Week” policy support added fuel, while retail hype boosted memecoins.
- Traders see $130K–$150K BTC as possible by year-end if macro factors like tariffs and inflation stay in check.
Bitcoin just shot past $122,000, setting a fresh all-time high and dragging the rest of the crypto market up with it. The move wasn’t just some random pump—it came on the back of heavy ETF inflows, over $1B in short liquidations, and a wave of optimism outta Washington. The whole thing lit a fire under crypto Twitter, with traders scrambling to adjust targets. Some are even whispering $150K by year’s end—if the macro scene doesn’t flip.
Meanwhile, BTC’s breakout unlocked momentum for alts. Ethereum finally pushed above $3,000 again, XRP blasted toward $3, and Dogecoin—because of course—spiked 20% on retail hype alone. Classic bull market behavior. When BTC moves, everything else follows… at least for a while.
ETH, XRP, DOGE Ride the Wave
Ethereum saw nearly $400 million in ETF inflows last Friday alone, giving it the juice it needed to crack $3K. XRP, up around 30% this week, is trading close to $2.95, and Solana’s back near $167 after weeks of chop. Even memecoins like Doge are catching a bid, driven mostly by retail flows and social chatter. It’s feeling a bit 2021-ish again.
This type of rotation isn’t new. Whenever Bitcoin leads, liquidity starts dripping into the rest of the market. It’s like a rising tide effect. If BTC can stay stable above $120K, there’s a real shot we see more upside for the majors. People are already eyeing $0.25 Doge and a $4 XRP. Is it a bit optimistic? Probably. But when things are green, logic takes a back seat.
Politics, Policy & “Crypto Week”
There’s also some political fuel behind the rally. The U.S. kicked off what’s being called “Crypto Week” in Congress, with lawmakers aiming to position America as the global leader in digital assets. Whether that’s a headline grab or something more serious, it’s adding to the bullish tone. Traders are betting on friendly regulation—or at least not hostile stuff—for now.
Still, it’s not all smooth sailing. Trump just slapped a 30% tariff on goods from the EU and Mexico. That’s already causing jitters in traditional markets. Stocks dipped. Futures pulled back. Even silver’s climbing, hitting levels not seen since 2011. So yeah, global tension is still in the mix, and it’s anyone’s guess how long crypto stays insulated.
Looking Ahead: Is $150K BTC Really Possible?
Some think this is just the beginning. Eugene Cheung from OSL says if conditions line up, we could see BTC push as high as $130K–$150K before the year’s over. There’s strong on-chain support around $109K, and a bunch of capital seems to be rotating from equities into crypto right now. That’s a pretty bullish combo.
Of course, nothing moves in a straight line. If macro sentiment takes a hit—like if trade wars escalate or inflation flares up—this rally could cool off real fast. But for now? The trend’s pointing up, and the market feels like it’s ready for another leg. Just… maybe don’t go all-in on dog coins again, yeah?
