The crypto market today is seeing gains as Bitcoin price surge above $93,000, triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite.
Trade Optimism and Institutional Inflows Drive Rally
U.S. President Donald Trump and Treasury Secretary Scott Bessent made market-moving remarks hinting at potential relief in the U.S.-China trade war. Bessent called the current 145% tariffs “unsustainable” and suggested a de-escalation could be near. That was enough to boost investor confidence, not just in equities but also in risk-on assets like crypto.
Backing the momentum, Bitcoin spot ETFs saw $381 million in net inflows on Monday, the highest since January. The return of institutional money is a bullish signal, especially as MicroStrategy added another 6,500 BTC to its holdings — reinforcing long-term belief in Bitcoin.
SEC Shakeup, Altcoin Surge, But Caution Remains
Adding to the bullish sentiment, newly appointed SEC Chairman Paul Atkins has already dismissed several crypto enforcement cases. His pro-crypto stance is giving the industry fresh hope for a more innovation-friendly regulatory climate.
Meanwhile, Ethereum jumped above $1,700, Dogecoin surged 8.6%, and SUI spiked nearly 12%. Traditional markets also bounced back, with the S&P 500 and Nasdaq recovering from recent losses.
However,the liquidity and new demand remain weak compared to past bull runs, according to CryptoQuant. Resistance zones could still trigger pullbacks, but for now, the rally has reignited crypto market momentum.
Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up.
But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year.
Solaxy
Solaxy is building the first-ever Solana layer 2 blockchain. Using off-chain computation and transaction bundling technology, the project will eradicate Solana’s congestion issue.
It’s a huge leap forward for the Solana ecosystem, making it cheaper, faster, and more reliable. This will open Solana to new users and use cases, potentially creating billions of dollars in new value.
And right now, SOLX is undergoing a presale. It’s a way for investors to join from the start. The presale has raised $25.7 million so far. It’s currently priced at $0.001658, but this will rise throughout the campaign.
Solaxy is at a rare juncture right now. Not only is it opening Solana to new possibilities, but it’s also available to buy from the ground floor. For SOLX presale participants, this setup could give 100x gains.
MIND Of Pepe
MIND Of Pepe is a new Pepe-themed AI agent that aims to make its holders money. The agent has a wide range of abilities, including trend analysis, launching tokens, interacting with dApps, and even writing social media posts.
It covers all angles, from identifying trading opportunities to creating them and then shaping social discourse around them.
But its bread-and-butter is trend analysis. MIND Of Pepe will consolidate social media and on-chain data into actionable insights to predict future trends, helping MIND holders know what to buy and when.
Moreover, it can also fill gaps in the market by launching its own tokens. Again, MIND holders will have first access, providing them with the best entry prices.
The project is undergoing a presale and has raised $7.2 million so far.
As MIND Of Pepe seeks to make its community more profitable, the project is positioned to amass significant adoption, which could make the MIND presale a highly lucrative opportunity for traders.
Mantra
Bitcoin, Ethereum, and XRP are all down today, as are many smaller altcoins. However, Mantra continues to push ahead in what’s becoming a running theme throughout the past year.
While the total crypto market cap is down 3.8% in the past 24 hours, Mantra is up 2.5% in the same window. It’s clear that investors see real value in the Mantra use case.
The reason is that Mantra is a real-world assets-focused layer 1 blockchain, providing a regulatory-adherent environment for institutions to tokenize their assets.
It’s a use case that veers outside the walled garden of normal crypto use cases and penetrates the traditional financial system. And it isn’t just today that Mantra has outperformed the market. Its price has surged by 2,000% in the past year.
Mantra has a $6 billion market cap, so it’s unlikely to give 100x gains this year. However, given its immense strength and focus on institutional adoption, there’s every chance it will become a top-five cryptocurrency and potentially rival XRP and Ethereum in the coming years.
Hedera
Hedera offers an alternative to traditional blockchain platforms with its Hashgraph distributed ledger technology. Unlike conventional blockchain systems, Hedera’s architecture provides improved efficiency in several key metrics.
The platform processes transactions with fees of approximately $0.0001 USD and confirmation times under five seconds. Hedera’s network can handle more than 10,000 transactions per second, which compares favorably to the 5-20 TPS typical of many proof-of-work blockchains.
HBAR, the network’s utility token, experienced significant price movement in late November 2024, rising from $0.04 to $0.37 before settling at around $0.20. This price activity reflects growing market awareness of the platform’s capabilities, with the recent downturn being attributed to the general crypto market.
According to crypto analysts at More Crypto Online, HBAR is looking for downturn confirmation between $0.09 and $0.016. However, its mid-term outlook is extremely positive, with potential targets at $0.4 and $0.6.
With a governance structure managed by the Hedera Governing Council and features designed to support enterprise applications, Hedera aims to address practical business needs while maintaining security and decentralization principles. As organizations continue to explore blockchain alternatives, Hedera’s focus on performance and regulatory compatibility may position it for increased adoption.
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin that pays its holders Bitcoin rewards. The idea is to increase Bitcoin ownership among meme coin fans and offset some of the volatility of meme coin investing through airdrops.
Users will receive free BTC and BTCBULL airdrops at key milestones on Bitcoin’s journey to $1 million. At the same time, Bitcoin-related cryptos tend to track Bitcoin’s price, so we can also expect the BTCBULL price to grow as Bitcoin rises.
Users also earn even more via the project’s staking mechanism, which is live now and offering a 123% APY.
BTC Bull Token also has a burn mechanism, which destroys a portion of the total supply at key price milestones.
The project is available to buy via an ongoing presale, which has raised $3.4 million so far.
With Bitcoin rewards at its core and multiple other community reward initiatives, meme coin fans are scrambling to buy BTCBULL. This positions it for significant growth in the coming months.
The post Best Crypto to Buy: Top Cryptocurrencies to Turn $100 Into $10,000 appeared first on Coinpedia Fintech News
Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up. But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year. Solaxy …
US President Donald Trump has warned of what could happen to the US economy if the Fed Chair Jerome Powell refuses to act fast and cut interest rates. This is significant considering how a slowdown in the US economy could impact the crypto market.
Donald Trump Sounds Warning If Jerome Powell Refuses To Cut Rates
In a Truth Social post, Donald Trump stated that there can be a “slowing of the economy” unless Fed Chair Jerome Powell lowers interest rates. He affirmed that, with costs trending downward, it is almost impossible for inflation to occur, but a recession may be on the cards if Powell and his team fail to act.
This marks the US president’s latest call to Powell to cut interest rates. Trump alluded to the fact that the EU has already lowered rates seven times while the Fed Chair is yet to act. Interestingly, he accused Powell of lowering rates only last year to help Joe Biden and Kamala Harris win the Election, although that didn’t ultimately happen.
Despite Donald Trump urging Jerome Powell to cut rates, the Fed Chair has so far shown that has has no intention to lower interest rates. Instead, in a recent speech, Powell warned that Trump’s tariffs could lead to higher US inflation, suggesting that this is why the FOMC is refusing to ease its monetary policies just yet.
Meanwhile, with Powell refusing to lower interest rates, there are discussions that the US president could soon fire the Fed Chair. However, traders are betting against this happening and assert there is little chance it will happen this year.
Market expert Anthony Pompliano warned Trump against firing Powell, while Senator Elizabeth Warren stated that the stock market would crash if the US president did so. There is also the possibility that the crypto market could crash alongside the stock market.
Despite Jerome Powell’s hesitation to heed Donald Trump’s calls to lower interest rates, experts still predict that there will be several Fed rate cuts this year. Citigroup expects the Fed to deliver an interest rate cut in June and maintains that there will be a total of 125 basis points (bps) of cuts this year.
Bank of America also recently predicted that there will be four interest rate cuts this year. They expect the first one to come at the May FOMC meeting, with the others coming in July, September, and December, respectively.
Ethereum has recorded spot inflows for the first time in 10 days. This signals a resurgence in investor confidence ahead of the highly anticipated White House Crypto Summit scheduled for March 7.
At press time, ETH trades at $2,290, noting a 4% price hike in the past 24 hours. With growing bullish pressure in the broader market ahead of the meeting, the altcoin might extend its gains in the short term.
ETH Sees $20 Million Spot Inflows After 10-Day Outflow Streak
According to Coinglass, ETH’s spot inflows totaled $20 million on Thursday. This comes after the leading altcoin witnessed 10 consecutive days of fund outflows from its spot markets, exceeding $600 million.
When an asset that previously recorded significant outflows begins to record inflows, it indicates a shift in investor sentiment. It means that renewed buying interest is replacing prior selling pressure. ETH’s spot inflows indicate a rise in demand for the asset, as buyers are willing to acquire it at the current market price, positioning it for further upside.
In addition, Ethereum’s open interest is also climbing, indicating a surge in trading activity. At press time, this is at $20 billion, increasing by 4% over the past 24 hours.
An asset’s open interest measures the total number of outstanding derivative contracts, such as futures or options, that have not been settled. ETH’s rising open interest reflects increased market participation and capital inflows into its futures market, reinforcing the current bullish trend.
Ethereum Eyes $2,361 as Indicator Confirms Growing Buying Pressure
On the daily chart, readings from ETH’s Moving Average Convergence Divergence (MACD) reflect the growing demand for the coin ahead of Friday’s Crypto Summit. As of this writing, the coin’s MACD line (blue) is poised to climb above the signal line (orange).
When this momentum indicator is set up this way, it suggests a potential bullish crossover as upward momentum strengthens. This is seen as a buy signal, increasing the possibility of further price rallies. If ETH’s demand grows, its price could reach $2,361.
