The cryptocurrency market opened the week with strong bullish sentiment, led by Bitcoin’s surge above $115,000 and Ethereum’s sharp 6.77% climb, reigniting optimism across the digital asset landscape.
As of early Monday, Bitcoin traded at $115,171, gaining more than 3% in 24 hours as traders positioned ahead of the upcoming U.S. Consumer Price Index (CPI) release — a key macroeconomic indicator expected to shape monetary policy expectations. Analysts say the rally also drew strength from renewed optimism surrounding U.S.–China trade talks, which lifted global investor confidence and risk appetite.
Altcoins Follow the Momentum
Ethereum spearheaded the altcoin recovery, climbing to $4,196, while other top tokens — including BNB, XRP, Solana, Dogecoin, Tron, Cardano, and Hyperliquid — posted gains of up to 11%. Hyperliquid was the standout performer with a 10.51% surge, followed by Dogecoin’s 5.77% gain, underscoring renewed speculative interest in alternative assets.
According to data from CoinMarketCap, the total global crypto market capitalization rose 3.72% to $3.89 trillion, reflecting heightened trading volumes and broader market confidence.
On a weekly basis, Bitcoin advanced 4.7%, while Ethereum gained 4.25%. Other major tokens recorded double-digit growth, with Solana and Cardano among the strongest performers. Tron was the only major token to decline, slipping 6.15% over the past seven days.
Institutional Interest and Macro Tailwinds
Market analysts attribute the upswing to a combination of institutional inflows, positive macroeconomic data, and technical momentum indicators suggesting further upside potential. With CPI data on the horizon, traders are bracing for volatility that could either reinforce or temper the current bullish run.
“The crypto market’s recovery is being driven by both improving fundamentals and sentiment,” said one analyst. “Investors are increasingly viewing digital assets as an essential component of diversified portfolios, especially amid shifting global economic conditions.”
Nigeria’s Crypto Surge
This global rally comes amid surging cryptocurrency adoption in Nigeria, now recognized as one of the world’s most active digital asset markets. According to Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), Nigerians recorded more than $50 billion (₦75 trillion) in cryptocurrency transactions between July 2023 and June 2024.
That figure is nearly two-thirds the size of Nigeria’s equities market capitalization, which stood at ₦98.8 trillion as of October 2025. Speaking at the Chartered Institute of Stockbrokers Annual Conference, Dr. Agama described this trend as evidence of “both the financial sophistication and risk appetite” of Nigerian investors — many of whom remain disengaged from traditional capital markets.
He added that while fewer than three million Nigerians are active participants in the formal equities market, more than 60 million citizens engage in gambling daily, wagering an estimated $5.5 million each day. The contrast, he said, highlights an urgent need for deeper financial inclusion, investor education, and more accessible capital market products.
A Maturing Global Market
With Bitcoin eyeing the $120,000 mark and institutional sentiment turning positive, analysts say the coming weeks will be pivotal for confirming whether this rally signals a sustained uptrend or a short-term correction.
For now, the combination of global macro optimism and Africa’s accelerating crypto adoption paints a picture of a maturing digital economy — one increasingly shaped by retail enthusiasm, institutional participation, and technological innovation.
