The crypto market experienced a significant uptrend this week, fueled by Bitcoin’s historic breakout to a new all-time high, surpassing USD 120,000. This bullish momentum pushed the overall global crypto market capitalization beyond RM16 trillion for the first time, marking a major milestone for the industry. Bitcoin’s surge ignited widespread optimism and triggered a domino effect across the altcoin space, with many tokens posting double-digit gains. Among the standout performers were Curve DAO Token (CRV), which rallied by 50.23%, and Stellar (XLM), which recorded a staggering 79.28% surge. Analysts attribute the strong performance to growing institutional demand, favorable macroeconomic conditions, and continued retail interest. With bullish sentiment gaining strength and volume increasing across exchanges, investors are now watching closely to see if this rally will sustain or lead to further price discovery in the coming weeks.
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