The crypto market is showing signs of recovery as it begins the week with a positive outlook following weekend turbulence. Bitcoin (BTC) has reclaimed the $69,000 level, while leading altcoins like Ethereum (ETH), Solana (SOL), and XRP have posted gains around 1%. Among standout performers are Goatseus Maximus (GOAT) and MAGA (TRUMP), both soaring by 25%.
Bitcoin and Leading Altcoins Show Gains
At the start of the trading week, Bitcoin surpassed the $69,000 mark. Ethereum approached $2,500, with Solana and XRP delivering modest gains that lifted investor sentiment. Bitcoin’s market cap reached $1.37 trillion today, while Ethereum’s valuation rose to $298.11 billion. According to Sosovalue data, spot Bitcoin ETFs in the U.S. saw an inflow of $2.22 billion over the week, signaling strong institutional interest.
Solana’s market cap stood at $76.68 billion, with SUI emerging as a top-performing altcoin that rewarded its investors. The total crypto market cap grew by 0.89%, reaching $2.3 trillion, while trading volume surged by 53% to $75.4 billion. Gains in GOAT and TRUMP coins further contributed to the market’s positive atmosphere.
Investors Adjust Strategies Amid Market Volatility
Whale Alert data reveals significant whale activity in the Bitcoin market. Minor declines in BTC and ETH on hourly charts have led some investors to adopt a more cautious stance. This volatility might encourage strategic adjustments as investors monitor trends closely.
Experts advise caution amid market fluctuations, urging investors to stay vigilant and track the latest movements. Dey There continues to bring timely insights as crypto markets evolve.
Bitcoin, crypto market, altcoins, Ethereum, Solana