Crypto Market Breadth Outperforms S&P 500 as 88 Top Tokens Reclaim 200-Day Moving Average

Data shows 88 of the top 100 crypto assets are trading above their 200-day simple moving averages, indicating stronger market breadth compared to the S&P 500. Analysts attribute the momentum to institutional inflows via ETFs, with BTC eyeing a $90,000 level and a midterm target of $97,900.