BTC breaks through 117,000 USDT, ETH returns to $3,000, and market sentiment heats up significantly

According to OKX market data, mainstream crypto assets continue to rise. Bitcoin (BTC) broke through 117,000 USDT, reported at 117,044.2 USDT, with a 24-hour increase of 5.35%; Ethereum (ETH) also successfully returned to the 3,000 USDT mark, reported at 3,002.52 USDT, with a 24-hour increase of up to 9.07%.

This round of rise continues the recent strong market trend, reflecting the continued strengthening of investors' confidence in crypto assets. Bitcoin has once again become the focus of capital pursuit under the easing of policy attitudes in many countries and the boost of institutional entry expectations. Ethereum has performed particularly strongly under the multiple positive stimuli of technology upgrades, Layer2 expansion and spot ETF expectations, and its intraday increase is significantly ahead of Bitcoin.

As BTC and ETH both break through key psychological barriers, market sentiment is rapidly recovering, and more active trading funds may be attracted to enter the market in the short term. Analysts pointed out that if the trading volume continues to increase and the callback is limited, it may indicate that a new round of market conditions has begun. In the future, we need to continue to pay attention to the further impact of macro policies, ETF approval dynamics, on-chain activity and other factors on the market.