Bitcoin surges past $90,000 as reserve policy shift sparks market optimism

The cryptocurrency market has experienced notable fluctuations in recent weeks, with Bitcoin (BTC) leading the charge in price movements. The price of BTC has been influenced by various factors, including reserve policies, regulatory developments, and market sentiment. One of the key developments is the announcement of a BTC reserve policy, which is set to be revealed. This policy aims to treat BTC differently from altcoins in reserve, indicating a strategic shift in how major institutions view the leading cryptocurrency.

The market sentiment for BTC has been volatile, with the Fear & Greed Index fluctuating between extreme fear and optimism. Despite the tariff delays and conference optimism, BTC sentiment remains in 'Extreme Fear,' reflecting the uncertainty and caution among investors. The price of BTC has rebounded to above $90,000, with its dominance in the market rising. This rebound comes after a period of significant sell-offs, driven by concerns over tariffs and regulatory changes.

Regulatory developments have also played a crucial role in shaping the market. The US broker DeFi rule is set to be repealed, which could have implications for the decentralized finance sector. Additionally, a bill has been introduced to criminalize rug pulls, aiming to enhance investor protection and market integrity. These regulatory moves are part of a broader effort to create a more stable and transparent environment for cryptocurrencies.

In the broader cryptocurrency ecosystem, several other developments have caught the attention of investors. The Ethereum (ETH) network has activated the Pectra update, which is expected to enhance its scalability and efficiency. Meanwhile, the Solana (SOL) network has submitted a proposal to reduce its inflation by 80%, aiming to stabilize its token supply and attract more investors. These updates reflect the ongoing efforts to improve the functionality and security of major cryptocurrency networks.

The market has also seen significant movements in altcoins. The Avalanche (AVAX) network has launched a credit card, expanding its use cases and accessibility. Additionally, the AAVE protocol is heading towards the launch of a GHO savings coin, which aims to provide a stable and secure savings option for investors. These developments highlight the growing innovation and competition within the altcoin market, as projects seek to differentiate themselves and attract users.

Overall, the cryptocurrency market continues to evolve, with significant developments in reserve policies, regulatory frameworks, and technological advancements