Bitcoin broke out after weeks of sideways trading, falling to $62,500 last Friday before recovering through $63,000 and $64,000. After touching $65,000 and being rejected on Tuesday, BTC surged to $70,000 on Wednesday, liquidating more than $1 billion in short positions within 60 minutes. It later reached $72,000 and climbed to almost $80,000, gaining $15,000 in 48 hours before easing to around $77,000. Weekly gains stood at 23.6%. ETH rose 28% to $2,390 after touching $2.4K, while XRP gained 40% to $1.40 after rebounding from $1.00. The total crypto market capitalization increased by more than $400 billion since Wednesday. The week also brought a U.S. Treasury liquidity announcement, renewed forecasts that Bitcoin could return above $100,000 by the H1 2028 halving, a pause in Strategy's Bitcoin selling and buying, heavy XRP whale accumulation, South Korea's access block on Polymarket over gambling allegations, and a White House meeting hosted by US President Trump with cryptocurrency industry leaders.