“The market remains optimistic,” crypto traders commented on the sharp rise of Ether and Dogecoin after both coins jumped 9% in a single day. Ether stayed above $2,600, while Dogecoin traded near 24 cents.

The total crypto market capitalization rose by 1.7%, with Bitcoin holding around $103,700. Altcoins like XRP, BNB, Cardano, and Solana gained between 3–5%.

“The strengthening dollar due to tariff news is acting as a drag on crypto,” explained Alex Kuptsikevich, chief analyst at FxPro. According to him, this is especially true for Bitcoin, which is trading close to its all-time highs, prompting some short-term profit-taking.

Meanwhile, BTC continues to fluctuate between its role as “digital gold” and a risk-on asset. “As the macroeconomic outlook shifts between protectionism and trade optimism, Bitcoin is likely to remain range-bound,” analysts at QCP Capital said.

Despite this, the Fear & Greed Index has remained at 70 for four consecutive days — indicating strong buying sentiment.

“The $105K level is now key,” Kuptsikevich emphasized. “Whether we see acceleration or another pullback will determine the next move.”

Institutional investors are also active: CoinShares reported $882 million in weekly inflows, with $867 million going into Bitcoin. Despite its impressive rise, Ether saw only $1.8 million, while Solana recorded $3.4 million in outflows — even as demand for $200 June call options remained strong.