Crypto markets kicked off the week in strong form, with Bitcoin briefly surpassing $116,000 and Ethereum rallying above $4,240, according to on-chain analytics platform Santiment.
Both assets reached two-week highs on Monday as traders priced in growing expectations of Federal Reserve rate cuts and drew confidence from new developments within President Trump’s Crypto Advisory Board.
Santiment’s data showed a surge in social and trading activity, with Bitcoin leading a broad market rebound. The 24-hour sentiment chart revealed strong inflows into large-cap tokens including ETH, XRP, and ADA, while stablecoins such as USDT and USDC saw minor outflows, a sign that capital is rotating back into risk assets.
📈 On a bullish Monday, Bitcoin briefly eclipsed $116K and Ethereum jumped above $4.24K, both hitting 2-week highs. There has been positive momentum in crypto markets as the FOMC meetings kick off tomorrow and Trump's Crypto Advisory Board sees trader optimism. pic.twitter.com/icQuE1NbhD
— Santiment (@santimentfeed) October 27, 2025
The optimism comes ahead of this week’s FOMC meetings, where analysts expect dovish guidance following softer economic data and inflation readings. A potential shift in monetary policy could inject fresh liquidity into financial markets, further benefiting high-risk assets like cryptocurrencies.
Meanwhile, Trump’s Crypto Advisory Board, established earlier this month, continues to reinforce market confidence. The board has been working to propose a framework aimed at supporting digital asset innovation while encouraging institutional participation, a signal that U.S. policy toward crypto may enter a more favorable phase.
Market observers noted that Bitcoin’s dominance remains near 55%, supported by ongoing ETF inflows and institutional treasury accumulation. Ethereum’s strength above the $4,000 mark also reflects revived demand for staking and DeFi-related exposure, as investors reposition ahead of potential macro easing.
If the Fed confirms a dovish tone this week, analysts believe the current rally could extend further, setting the stage for a Q4 risk-on breakout across both traditional and digital markets.