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April 8, 2025 05:47:45 UTC
Why Crypto Market is Up Today?
Crypto prices rallied today driven by investor optimism, rising institutional demand, and positive macro signals. Despite a sharp 5.5% dip, Bitcoin bounced back near $80K. Around $1.5B in bullish crypto bets were sold—the highest in 2025—raising concerns of continued option market pressure. Altcoins like Solana and Cardano led gains, fueling bull run hopes. Traders now eye the upcoming US CPI data for further market direction.