Bitcoin surges past $65K as crypto market shows fresh recovery signs

The crypto market is showing fresh signs of recovery as investor confidence grows. Bitcoin has climbed back above $65,759, while other major coins like Ethereum and Dogecoin hold steady within key price ranges. Bitcoin’s recent surge has drawn attention from industry leaders. Brian Armstrong, CEO of the largest US crypto exchange, called it 'the new digital gold'. He also noted its four-year cycles from 2011 through 2025 and stated he is 'as bullish as ever' on the asset. In his view, the market has 'probably bottomed' around $60,000.

Citibank has set an ambitious target for Bitcoin, forecasting it could reach $189,000 by the end of 2026. Meanwhile, Ethereum trades at $1,818, with support at $1,600 and resistance at $1,850. Dogecoin remains between its support at $0.080 and resistance at $0.095, currently valued at $0.0885.

Elsewhere, Pepeto’s fundraising has surpassed $10.27 million, adding to the sense of renewed momentum in the sector. The market’s recovery is backed by stronger investor conviction and optimistic outlooks from key figures. Bitcoin’s rise above $65,759 and Ethereum’s stability near $1,818 suggest a positive shift. Analysts and institutions continue to watch these trends closely.