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BTC, ETH, and SOL are currently gaining momentum, and looking at the markets, it's clear why. Investors are eagerly awaiting the upcoming Fed meeting in March and are closely watching how the major tech companies report their quarterly earnings. Additionally, a weaker dollar is also contributing, which is usually bullish for cryptocurrencies.
The Mag-7 companies still remain a major driver of overall market sentiment. When they report positive results, it often lifts the crypto markets as well. The March Fed meeting will definitely be in focus – any hints about interest rates could influence the price.
What's interesting is that the dollar is weakening right now. This makes Bitcoin and other cryptocurrencies more attractive to investors operating in international markets. All of this together creates a quite bullish scenario for the coming weeks.