The cryptocurrency market has surged, with Bitcoin (BTC) reaching $79,000 and Ether (ETH) climbing to $2,400. This rally is attributed to US government bailout plans and a currency swap line with the United Arab Emirates (UAE), which are alleviating global liquidity concerns and lowering credit crisis risks. Notably, Bitcoin exchange-traded funds (ETFs) have seen inflows totaling $1.54 billion over six consecutive days, enhancing market confidence. Additionally, Bitcoin miners are experiencing their highest profitability since January, which may reduce immediate sell pressure. Despite these positive indicators, traders remain cautious, weighing the potential for further gains against the risk of a short-term correction, particularly in light of ongoing geopolitical tensions due to the war in Iran. The tech-heavy Nasdaq-100 index also reached a record high, reflecting broader market optimism. As the US government signals potential economic stimulus measures, the outlook for Bitcoin and Ether appears promising, although the situation remains fluid.