Bitcoin Hovers Near $80,000, Ethereum, XRP Spike, but Dogecoin Slips As Crypto Rally Gains Steam: Analyst Spots This New Bullish Signal for BTC
benzinga_article·- Major cryptocurrencies and related equities climbed on Monday, with Bitcoin nearing $80,000 and Ethereum reaching a seven-month high. - The global crypto market capitalization increased by 2.36 % to reach $2.68 trillion, while over $420 million was liquidated in 24 hours. - Analyst Ali Martinez noted that Bitcoin reclaimed its 1,130-day simple moving average, a historical indicator that previously signaled the start of new bull markets.Ethereum, Circle, Coinbase Make Up Analyst's 'Galactic Three'—Here's Why
benzinga_article·- Analyst Doctor Profit identified Ethereum, Circle, and Coinbase as his top three holdings for the current bull market, allocating 60 % of his portfolio to Ethereum and 40 % to Bitcoin. - He argued that these three assets form a strategic trio because Circle issues USDC, Coinbase acts as the regulated on-ramp, and Ethereum serves as the foundational settlement layer. - He rejected bearish market predictions for August 2026, maintaining that macro tokenization and regulatory changes are driving the ongoing market cycle rather than historical patterns.