Bitcoin Hits $65K, Ethereum Nearing $2K: Bull Market Returning?
The cryptocurrency market seems to be entering a recovery phase. BTC has reclaimed the $65,000 price level and Ethereum (ETH) is inching closer to hitting $2000. CoinGecko’s Bitcoin data shows that BTC has risen by 1.1% in the last 24 hours and 4.8% in the last week, while ETH has risen by 2.5% and 8.1% in the same time frame. Let’s discuss if the market will continue its rally and if Bitcoin (BTC) and Ethereum (ETH) will lead the charge. Source: CoinGecko Why Are Bitcoin, Ethereum Rallying Today? Source: Watcher.Guru The latest cryptocurrency market upswing comes after inflation in the US cooled for the month of June 2026. CPI (Consumer Price Index) figures came in at 3.5% for last month, which may have boosted investor sentiment. The development has also reignited hopes for an interest rate cut from the Federal Reserve. Bitcoin (BTC), Ethereum (ETH), and other high-risk assets may continue to rally if market sentiment remains high. Also Read: BlackRock CEO Predicts Bitcoin To Hit $70...