Bitcoin, Ethereum, XRP and Crardano soar on US interest rate hopes

The crypto market starts the week in the green. Bitcoin (BTC) rebounded above $91,500, while altcoins like Ethereum (ETH), XRP and Cardano (ADA) also posted strong gains.

Investors are anticipating a rate cut by the US central bank later this week, which will temporarily boost market sentiment.

Altcoins are making good profits

Ethereum (ETH) rises by more than three percent to $ 3,135, outperforming many other major cryptocurrencies. On a weekly basis, the currency is even higher by more than ten percent.

Other altcoins are also in demand. The price of Solana (SOL) rose by seven percent last week and Cardano (ADA) is even in the green by twelve percent. The broad revival follows growing confidence that lower interest rate policies can spur investments in risky assets such as crypto.

Bitcoin price: recovery or temporary momentum?

Bitcoin (BTC) is also showing its strong side. The price climbed by 2.5 percent today and is now about six percent higher than a week ago. The recovery gives investors hope, but the question is whether it is enough for a real breakthrough.

There is strong resistance around $94,000. Analyst Alex Kuptsikevich calls the current rebound a corrective move within a larger downward trend. Still, he sees potential for an increase towards $98,000 or even $100,000 if the momentum continues.

At CryptoQuant, the signals are less rosy. The platform’s so-called “Bull Score” dropped to zero. According to CEO Ki Young Ju, that is usually the point at which a new decline begins. Without fresh capital inflows, he says, the market could even fall back to a range between $55,000 and $70,000 by 2026.

Macro remains decisive for crypto

The crypto boom seems to be mainly driven by broader optimism in the financial markets. Asian stock markets opened slightly higher and US futures were also up, as investors eagerly await the Federal Reserve’s interest rate decision. The central bank is expected to cut interest rates by a quarter of a percentage point this week.

According to K33 Research, structural developments can also reverse negative sentiment in the long term. For example, adjustments to the American pension rules (401(k)) could provide additional inflows into Bitcoin in early 2026.

Furthermore, Ethereum (ETH) also contributes to the positive sentiment. Developers have successfully completed the so-called Fusaka hard fork. This upgrade should make the network more efficient and scalable.