Crypto Prices Surge as Bulls Take Control, Targets $80,000, $2,500, $1.50

Cryptocurrency prices are surging as bullish momentum strengthens and investors await the next move. BTC has climbed nearly 20%, ETH over 25% and XRP nearly 30% so far this week.

The US Treasury's decision to double its debt buyback operations is seen as a positive sign for the market, with key technical levels pointing to further upside for all three assets.

For Bitcoin, momentum indicators and technical analysis suggest that it could reach $80,000 in the near future. Its price trades at $74,700 on Friday, extending its breakout above major Exponential Moving Averages (EMAs) and maintaining a clear bullish near-term bias.

Ethereum bulls are also in control of momentum, with ETH price trading at $2,354 and nearing the horizontal barrier at $2,500. Momentum is stretched, but Ethereum's price structure remains constructive, suggesting strong upside pressure.