The crypto bull run has 5 catalysts to support continued momentum

Bitcoin and most altcoins wavered on Thursday, June 12, as the recent rally took a breather. 

Bitcoin (BTC) dropped below $107,000, down from this week’s high of $110,200. Other altcoins like Ethereum (ETH), Cardano (ADA), and Chainlink (LINK) also retreated. This article explores the top five reasons why a crypto bull run may happen soon.

1. Bitcoin has strong technicals and fundamentals

The first key reason for a potential crypto bull run is Bitcoin’s strong fundamentals.

Demand continues to rise, with spot Bitcoin exchange-traded funds seeing significant inflows this year. Cumulative inflows since their launch in January last year have reached $45.2 billion, with BlackRock’s IBIT holding over $72 billion in assets.

More companies, including GameStop, Semler Scientific, Trump Media, and MetaPlanet, have continued to accumulate Bitcoin. This wave of accumulation has pushed the total Bitcoin supply on exchanges down to 1.1 million, compared to 3.2 million in 2020.

From a technical perspective, Bitcoin has formed a cup-and-handle pattern on the daily chart. The initial phase is complete, and price action is now developing the handle section.

A break above the all-time high of $111,900 would signal further gains. This would likely spark a broader crypto bull run, lifting other altcoins along with it.

2. Ethereum ETFs are surging

Another potential catalyst for a crypto bull run is the rising demand for Ethereum ETFs.

According to SoSoValue data, spot Ethereum ETFs have recorded inflows for five consecutive weeks, adding over $1.2 billion in assets and bringing the cumulative total to $3.7 billion. This trend may reflect growing investor confidence that Ethereum will continue to climb.

This crypto.news article noted that ETH price has formed a bullish flag and a golden cross pattern, pointing to more gains. 

3. Altcoin ETFs are coming

The odds of spot altcoin ETFs are also rising, which could further fuel the market. Polymarket data shows that approval odds for an XRP ETF have jumped to 88%, while Solana’s (SOL) have risen to 90%. 

Other potential approvals will be Litecoin (LTC), Hedera Hashgraph, and Sui (SUI). These approvals will likely lead to more inflows from Wall Street investors, pushing prices higher.

4. Federal Reserve interest rate cuts

Crypto prices will be boosted by the Federal Reserve, which will likely start cutting interest rates this year. Polymarket traders anticipate between 2 and three cuts this year, and more in 2026.

Odds of Fed cuts rose after the US published a muted consumer inflation report on Wednesday. That report showed that the headline CPI rose to 2.4% in May, lower than the expected 2.5%.

At the same time, Trump is said to be considering Scott Bessent to be the next Fed Chair in 2026. Bessent, the current Treasury Secretary, is expected to be more dovish than Powell. He is also more supportive of the crypto industry.

5. Trade tensions could ease

Finally, there are signs that trade tensions between the US and China will cool now that the latter is using rare earth materials effectively, giving it an upper hand in negotiations. China will likely block these rare earth materials again if the US imposes new tariffs, a move that would disrupt the manufacturing sector.

There are additional reasons to expect a renewed bull run in 2025. The U.S. Senate recently passed the GENIUS Act, which introduces regulatory clarity for the stablecoin industry. Meanwhile, some companies are beginning to add altcoins like XRP and Solana to their treasuries, and the global M2 money supply is soaring.