Bitcoin tops $87,000, with chart analysts eyeing $88,600-$97,637 targets after moving above key resistance

Bitcoin is up about 44% for the quarter, outperforming gold, the S&P 500 and Nasdaq. ETH, XRP, SOL, UNI and NEAR also posted strong gains. The rally started from oversold conditions and a short squeeze, then gained support from the SEC’s temporary innovation exemption for tokenized U.S. stocks, which analysts say could especially benefit Ethereum. Some analysts view the move as a bull market, though pullbacks remain possible.
AI Analysis
The article reports a large quarterly BTC gain, broad strength across major crypto assets, and a policy development that may support tokenized stocks and Ethereum. These are concrete market-moving factors for short-term traders, though the story is still partly backward-looking and mentions possible pullbacks.
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