Bitcoin Reclaims $110,000 – Will Altcoins Follow?

Bitcoin ($BTC) has once again surged past the $110,000 mark, recovering from a dip below $107,000 over the weekend. The new week brought renewed momentum, following political developments that eased market tensions.

Last week’s decline was largely driven by former President Trump’s negative comments on tariffs, which had shaken investor confidence. However, optimism returned after constructive meetings between the President of the European Commission and Trump, leading to the postponement of planned tariffs on the European Union until July 9.

This shift sparked a positive start to the week, with Bitcoin reclaiming a key psychological level. Staying above $110,000 is seen as a critical signal for market strength. Many analysts have suggested that a sustained move above this level could ignite a broader altcoin rally — something investors have been eagerly waiting for.

The key question now: Will altcoins finally have their turn? With Bitcoin showing resilience, attention is turning to the altcoin market, where traders are hoping for bullish momentum to spread.