I just checked the dashboard and almost all cryptocurrencies are in the green today. Bitcoin finally broke the $72k barrier that it had been rejecting for weeks, now trading around $72.99k with a 9% boost this week. The momentum extended across the entire market, from Ether, which recovered the $2k mark strongly to $2.25k, to Solana, XRP, and Dogecoin showing solid gains.

What’s interesting is that the sentiment has completely changed. Recently, markets were worried about tensions in the Persian Gulf, but it seems investors have already priced in the worst. Oil prices dropped from their early-week peaks, the Strait of Hormuz stabilized, and Wall Street led the rebound. Asian stocks also rebounded strongly, so risk appetite has returned.

All major cryptocurrencies took advantage of this shift in mood. Ether rose 2.69% in 24 hours, Solana moved 1.93%, XRP gained 0.89%, and BNB advanced 0.76%. The only one lagging was Tron with more modest movements. It seems ETF flows also helped Bitcoin finally break through that $70k ceiling that had held it back so many times.