What's next for ETH, XRP, Doge, while BTC crosses the $ 122,000 mark?

Bitcoin

continued his outbreak on Monday with a new all-time high of $ 122,000, which triggered a broad crypto rally, since ETF inflows, short liquidations and political optimism from Washington continued to support the bullish atmosphere.

Ether (ETH) The brand of $ 3,000 broke through, supported by inflows of $ 383 million in ETFs on Friday. Leading tokens have risen sharply in the past week in view of BTC's strength.

The story continues

XRP

Noted near $ 2.95, a weekly rise of 30 %, Solanas Sol conquered the $ 167 mark, and Dogecoin increases by over 20 %, driven by retail rotations and Memecoin discussions.

This reflects patterns that have been observed in previous cycles in which a BTC rally acts as a liquidity inflow for the wider market. If the macroeconomic conditions remain and Bitcoin stabilizes over $ 120,000, further upward potential for large cap-alcohol will probably appear in the coming weeks, Dealers express their opinion.

With the start of the “Crypto Week” in the US Congress, a number of hearings with the aim of turning America into a “crypta capital of the world”, retailers position themselves on legislative tailwind.

“The crypto prices benefited from the great rally euphoria, with BTC rose to the upper range of $ 118,000 and shorts of over 1 billion USD liquidated,” said Augustine Fan, head of the Insights department at Signalplus, in a telegram message.

“The market mood is expected to remain heated up to the summer, the only real risk element is a complete collapse of the customs negotiations. However, the decision lies with the president of how aggressively he would like to play his current cards,” added Fan.

Strong on-chain support at 109,000 USD and cross-asset flows from shares in digital assets strengthen the trust of the bulls. Eugene Cheung, CCO at OSL, summed it up: “The trend remains bullish. If the macroeconomic framework conditions play along, Bitcoin could test 130,000 to 150,000 USD by the end of the year.”

In the meantime, the stock index futures in the United States and Europe gave up early Monday after Trump announced a 30%customs tariff on goods from the European Union and Mexico, which tightened the brazil, Algeria and Canada, which had already been shocked by Brazil last week.

The S&P 500 futures fell by 0.4 %, while the European Stoxx 600 futures in Asian morning trade add 0.6 %. Silver gained value and noted near the recently seen levels seen in 2011, which indicates a broader market interest in real assets.

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