Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Crypto market rebounds on peace deal news, but altcoin season remains distant as Bitcoin leads.

Market News
24 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

The global cryptocurrency market rebounded after US President Trump's announcement of a largely negotiated peace deal with Iran, easing geopolitical tensions. Bitcoin surged above $75,000, driving the market's bullish momentum, while altcoins outperformed Bitcoin in the short term, with AI-related and privacy tokens seeing notable gains. Despite this, the altcoin season is not yet underway, as indicated by the altcoin index and on-chain metrics showing Bitcoin still dominates market movements. Analysts suggest a significant altcoin rally may only occur in 2026 or 2027 if historical patterns repeat.

More News (BTC)

Crypto markets watch US-Iran deal and key US data amid Memorial Day holiday.

Crypto markets watch US-Iran deal and key US data amid Memorial Day holiday.

Crypto markets enter a holiday-shortened US week focused on potential US-Iran agreement details expected today, which have already influenced Bitcoin and risk assets. US markets close Monday for Memorial Day, leaving crypto to react first to fresh ma...

Market News
Neutral
4 hours ago
Bitcoin holds steady amid inflation concerns; crypto gains from US fintech support and tokenization buzz.

Bitcoin holds steady amid inflation concerns; crypto gains from US fintech support and tokenization buzz.

Bitcoin remained range-bound last week, with cautious profit-taking due to rising US inflation data. Despite this, corporate holder Strategy added nearly 25,000 BTC, and Bitcoin pushed toward $78,200, supported by positive US fintech developments inc...

Market News
Bullish
4 hours ago
XRP ETF inflows hit record $116.74M but price struggles near $1 amid market uncertainty.

XRP ETF inflows hit record $116.74M but price struggles near $1 amid market uncertainty.

XRP ETFs saw a record inflow of $116.74 million in 2026, signaling strong institutional interest. Despite this, XRP's price has weakened slightly and remains below key technical levels, hovering near the $1 support zone. The market awaits potential r...

Market News
Neutral
5 hours ago
XRP nears $1 amid ETF inflows; Bitcoin eyes $91,150; Hyperliquid surpasses Dogecoin in market cap.

XRP nears $1 amid ETF inflows; Bitcoin eyes $91,150; Hyperliquid surpasses Dogecoin in market cap.

XRP is struggling near the $1 mark despite $116.74 million inflows into U.S. spot ETFs, with a potential drop to $1.05 unless a U.S. Senate vote on the CLARITY Act reverses the trend. Bitcoin, despite $1.26 billion in weekly ETF outflows, has held su...

Market News
Neutral
5 hours ago
Bitcoin's Rainbow Chart predicts a wide price range from $59K to nearly $492K by mid-2026.

Bitcoin's Rainbow Chart predicts a wide price range from $59K to nearly $492K by mid-2026.

The Bitcoin Rainbow Chart suggests Bitcoin could trade between $59,000 and $492,000 by June 1, 2026, depending on market cycles and sentiment. Currently priced around $77,000, Bitcoin sits in the 'BUY!' zone, indicating it may be undervalued relative...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App