Crypto Rally: BTC, ETH, DOGE Rise as Traders Eye Macroeconomic Data

The cryptocurrency market saw significant gains on Monday, with Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) rising as investors shrugged off trade tensions sparked by Donald Trump’s new tariff order.

Bitcoin & Altcoins Surge

Bitcoin surged 1.77% to $98,005, reaching an intraday high of $98,333, as it aimed to reclaim the $100,000 level lost in last week’s “Black Sunday” crash. Ethereum gained 3.22% to $2,702, while Dogecoin jumped 3.48% to $0.2574.

📌 Bitcoin Open Interest increased 3.46% in the last 24 hours, with over 53% of traders going long on BTC futures.

📌 Liquidations hit $146 million, with short liquidations exceeding long positions, signaling strong market momentum.

📌 If BTC surpasses $101,500, an additional $500 million in short positions could face liquidation.

Market Sentiment Turns Neutral

According to the Crypto Fear & Greed Index, sentiment has flipped from “Fear” to “Neutral”, indicating a more balanced market.

Meanwhile, blockchain analytics firm Santiment observed a shift in trader focus from meme coins to Bitcoin and Layer-1 assets like Ethereum, Solana, Toncoin, and Cardano, signaling a healthier and more sustainable market.

“When traders pivot back to assets with strong utility and established market positions, it suggests a healthier market cycle,” Santiment noted.

Top Gainers (24-Hours)

• Raydium (RAY): +16.82% ($5.50)
• Helium (HNT): +12.95% ($3.86)
• Virtuals Protocol (VIRTUALS): +12.36% ($1.27)

The total crypto market capitalization rose 2.07% to $3.21 trillion.

Stocks & Economic Outlook

Stock markets also edged higher on Monday:

• Dow Jones: +167.01 points (+0.38%) → 44,470.41
• S&P 500: +0.67% → 6,066.44
• Nasdaq Composite: +0.98% → 19,714.27

Investors are closely watching macroeconomic data this week, including the Consumer Price Index (CPI) on Wednesday and the Producer Price Index (PPI) on Thursday. Federal Reserve Chair Jerome Powell is also set to testify before Congress on inflation and economic policy.

Bitcoin Technical Analysis

Prominent crypto analyst Rekt Capital highlighted Bitcoin’s successful post-breakout retest of its monthly bull flag.

“Bitcoin is performing the key technical steps to fully confirm the bull flag breakout, setting itself up for trend continuation. $96,700 needs to hold,” the analyst stated.

With market sentiment improving and trader interest shifting toward stronger assets, Bitcoin’s march toward $100,000+ could be back on track.