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HTX DeepThink: BTC-Led Rally Drives Beta Diffusion; Whether the Trend Continues May Depend on Spot Buying

Source: x.com
Chloe, a columnist for HTX DeepThink and a researcher at HTX Research, indicated that this week saw a notably strong recovery in risk appetite across the crypto market, representing one of the most significant shifts since the beginning of the year. BTC quickly broke through the $70,000 threshold from its mid-week level of around $64,000, posting a weekly gain of approximately 18%; ETH demonstrated stronger performance, rising above $2,350 with a weekly increase exceeding 20%; high-beta assets including SOL, XRP, and HYPE rallied in sync, signaling that the current momentum has gradually evolved from a unilateral BTC rebound into broader crypto beta trading.

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