Crypto News: XRP, Bitcoin Among Major Tokens Signaling Return of Crypto Bulls

Six of the top 10 cryptocurrencies now trade above their 200-day moving averages, confirming broader market strengthXRP, Bitcoin (BTC), and other major cryptocurrencies are showing renewed bullish momentum as market breadth improves, signaling growing investor confidence across the digital asset space. According to the latest data from TradingView, at least six of the top 10 cryptocurrencies by market value are now trading above their 200-day simple moving averages (SMA) — a key indicator of long-term uptrends.Key Highlights:BTC, XRP, BNB, ADA, TRX, and SUI are all above their 200-day SMAIndicates a widening bull market beyond BitcoinThe 200-day SMA is a respected benchmark for identifying long-term trend reversalsInvestor sentiment appears to be broadening across the top crypto assetsOnly ETH, SOL, DOGE, and LINK remain below the key thresholdBullish Market Breadth Expands Beyond BitcoinThe 200-day SMA is considered a vital metric by analysts and institutions like Coinbase, as it reflects the underlying health and direction of an asset over time. When a cryptocurrency sustains a move above this level, it typically suggests that bullish momentum is returning and investor confidence is building.“The bull market is expanding beyond just Bitcoin,”the data shows, with multiple altcoins now participating in the rally.Comparison With April: Market Momentum AcceleratesThe improvement in market structure is notable:End of April: Only XRP, BTC, and TRX traded above their 200-day SMAsOne month ago: Only XRP and TRX were above their long-term averageNow: Six major tokens are in a confirmed long-term uptrendThis acceleration suggests that capital rotation is taking place across the crypto market, as investors seek higher returns beyond just Bitcoin.