What happened?
The crypto market cap rose about 1% to roughly $4.36 trillion on Monday, with 75 of the top 100 coins higher and 8 of the top 10 gaining. Bitcoin was flat around $123,883 while Ethereum jumped roughly 2.4% to $4,680 and total trading volume sat near $198 billion. Large US spot ETF inflows—about $1.19 billion into BTC and $176.56 million into ETH—along with stronger on-chain metrics pushed sentiment back into the greed zone.
Who does this affect?
Retail and institutional investors stand to benefit from the stronger market as ETF demand and renewed spot buying make liquidity deeper and entry points more accessible. Traders and funds will be watching key support clusters near $117k–$121k for Bitcoin and monitoring geopolitical news that could spark short-term volatility. Crypto firms, exchanges, and large holders (like Strategy Inc., which reported big unrealized BTC profits) also feel the impact through higher volumes, flows, and market attention.
Why does this matter?
ETF inflows and improving on-chain metrics suggest the rally is driven more by structural capital and renewed investor participation than pure speculation, which can support a more sustained uptrend. If Bitcoin holds above resistance levels it could push toward $130k–$135k, but a drop below $121,100 would raise the odds of a pullback, so downside risk remains. Overall, growing institutional involvement and liquidity mean crypto is behaving more like an investable asset class, which can shift portfolio allocations and change correlations with broader markets.