Bitcoin Holds Key Support as HYPE, XMR, AAVE, WLD Lead Altcoin Rally

Despite hovering below the $109,588 mark, Bitcoin remains bullishly structured. This weekly rise in the cryptocurrency is expected to propel gains for HYPE, XMR, AAVE, and WLD altcoins. Analysts see this as a positive sign fueled by growing DeFi applications and investment from institutional players like sovereign wealth funds, ETFs, publicly listed companies, and nations. Crypto index fund management firm Bitwise predicts a significant influx of $120 billion into Bitcoin in 2025, with a further surge to $300 billion by 2026.