Bitcoin posts its biggest weekly jump in two years, topping $79,000, as XRP leads a broad crypto rally with 39% weekly gains.
Macro & Markets ·
Bitcoin recorded its biggest weekly gain in two years, briefly surpassing $79,000 as part of a broad cryptocurrency rally led by XRP. XRP itself posted a 39% weekly advance, outpacing gains across the wider market and signaling momentum across multiple digital assets.
The rally appears correlated with macroeconomic developments, with reports indicating that XRP surged 40% in a 48-hour window following a US Treasury liquidity support announcement, alongside moves in Ethereum and other major tokens. The timing suggests external liquidity or policy-related triggers may have fueled the upswing rather than asset-specific news alone.
What remains unclear is whether the momentum will persist and how much of the move reflects genuine demand shifts versus short-term technical or sentiment-driven trading. The scale of Bitcoin's weekly advance—its largest in two years—underscores the significance of the move, yet the sustainability of such gains and the underlying catalyst beyond announced liquidity measures have not been fully characterized.