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Top Altcoins to Watch Today as Bitcoin Climbs Above $105,000
- Bitcoin rebounds above $105,000 after ceasefire news, with strong institutional demand seen through ETP inflows hitting $1.24 billion.
- Altcoins such as SUI, HBAR, and ETH experience significant gains and increased trading volumes, indicating renewed market confidence.
- Bitcoin's resilience above $105,000 amid Middle East tensions showcases mixed investor sentiment transitioning to market confidence.
- CoinShares data reports global crypto ETP inflows of $1.24 billion during the week, setting a record high for 2025 at $15.1 billion, displaying substantial institutional interest.
- Bitcoin's price briefly dropped below $98,500 but recovered after a 'total ceasefire' announcement related to Israel and Iran, reflecting improved market stability.
- Despite an 8% drop in Bitcoin's network hashrate attributed to temporary power outages, experts see no sustained mining disruptions.
- SUI, the 12th-ranked crypto by market capitalization, surged 11% to $2.79, showing increased trading volume and liquidity.
- HBAR, the 20th in market cap, saw a 10.53% price increase to $0.1513, with a rise in trading volume supporting its upward trend.
- ETH, the second-largest cryptocurrency, gained 6.55% to $2,415.35, with a notable increase in trading volume and liquidity.
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