CryptMarket Analysis — 04-10-18
Bitcoin continued its spectacular rally, breaking above $119,000, while alternative tokens like monero and aptos saw strong double-digit gains—signaling broad risk appetite across the crypto sector. The bullish momentum is further supported by historical seasonality as 'Uptober' begins, and major institutional moves such as Coinbase surpassing $1 billion in bitcoin-backed onchain loans suggest deepening confidence in digital assets as collateral in traditional finance. Regulatory and macro news, like government shutdown uncertainty and increasing ETF inflows, provide additional tailwinds, positioning crypto as a perceived haven amid broader economic instability. Short-term sentiment is strongly positive with traders eyeing new record highs.