Crypto market rises sharply: Bitcoin and Ethereum gain; experts expect rally to continue
TOI World Desk | TOI Global Desk | Sep 29, 2025, 23:42 IST
Bitcoin touches record high on hopes of US Fed rate cut
( Image credit : IANS )
Highlight of the story: The global cryptocurrency market rose sharply in the last 24 hours, driven by strong gains in Bitcoin, Ethereum, and XRP. Institutional buying and positive technical signals boosted confidence. Altcoins like Solana and Binance Coin also saw notable increases. Experts expect the rally to continue through the end of 2025, supported by high liquidity and investor interest.
TL;DR
Bitcoin and Ethereum lead gains
XRP and altcoins also see growth
Market indicators show positive signs
Growing global liquidity, or the availability of cash and easy credit, also supports higher prices in risk assets like cryptocurrencies. The last quarter of the year has historically been a strong period for both stocks and digital currencies, adding to optimism.
Outlook for the next months
FAQs
A: The rise is due to Bitcoin recovering from oversold levels, strong demand from large investors, and positive technical signals supporting major coins like Ethereum and XRP.
Q: Are altcoins performing better than Bitcoin?
A: Yes, some altcoins like Solana and Binance Coin are gaining more than Bitcoin today, showing growing interest in these coins.
Q: What do market indicators say about the rally?
A: Technical indicators show no signs of a peak yet, suggesting the market rally could continue for some time.