July Crypto Resurgence Dey Spur BTC Buying, Altcoin Rally

As July don start, di crypto market dey show renewed bullish energy. Bitcoin (BTC) dey eye pesin highest monthly close near $107,465, while Ethereum (ETH) don recover reach $2,499 despite Q2 wahala. Analyst Pentoshi talk say di gains na because di biggest weekly drop for di dollar index since di 1970s plus di easing of geopolitical tensions, e forecast say altcoin go do rally well well. Data wey no include di top 10 tokens point sey altcoin market capitalization don climb from $234 billion to $490 billion, with higher lows wey set di stage for major rise for digital assets. Dis crypto resurgence also dey pushed by company Bitcoin treasury strategies. Companies like MicroStrategy (MSTR) wey convert their cash reserve to BTC see their stock price dey reach dotcom-era peak. With public companies now holding almost 3 percent of Bitcoin supply, more companies dey expected to increase BTC allocation this July, to strengthen institutional adoption. Dis one mark di arrival of di “Bitcoin treasury” narrative after previous bull runs wey DeFi, metaverse and venture capital interest drive. Traders suppose dey watch key support levels and institutional buying trends as crypto resurgence dey gain momentum. Continued altcoin rally potential and increase demand for Bitcoin treasury fit support more gains for both BTC and wider digital assets. But investors suppose dey cautious because di ongoing volatility and regulatory uncertainty.