Over the past 24 hours, Bitcoin has experienced an impressive recovery, climbing to a one-month high of 74,000 dollars before facing resistance. Most major altcoins have also moved higher, with Ethereum reclaiming levels above 2,100 dollars and Solana rising to 90 dollars.
Bitcoin Hits $74,000
Just a few days ago, on Saturday, Bitcoin fell sharply from 66,000 dollars to 63,000 dollars following coordinated attacks by the United States and Israel against Iran. Despite the immediate retaliatory strikes across multiple targets and the death of Iran’s Supreme Leader, the cryptocurrency reversed course instead of continuing to fall. By the end of that day, it had rebounded to 68,000 dollars.
The following days brought additional volatility. Bitcoin dropped to 65,200 dollars before surging five percent within an hour to reach 70,000 dollars. Although it initially faced rejection at that level, the bullish momentum returned in full force. After regrouping on Monday and Tuesday, buyers pushed Bitcoin to 74,000 dollars yesterday, its highest price since early February. This represents an $11,000 gain from the low on Saturday when the attacks began.
Currently, Bitcoin trades around 72,000 dollars, up roughly three percent on the day. Its market capitalization has climbed to nearly 1.45 trillion dollars on CoinGecko, while its dominance over alternative cryptocurrencies remains strong at 57.4 percent.
Ethereum, Solana, and Other Altcoins
Ethereum surged from below 2,000 dollars to 2,200 dollars but currently trades above 2,100 dollars after a four percent daily gain. Solana has returned to 90 dollars, and Dogecoin rose five percent to 0.095 dollars. Other prominent altcoins, including XRP, BNB, TRON, Cardano, and Chainlink, are showing modest gains, while Monero climbed almost five percent to 362 dollars.
Pi Network’s PI Leads the Rally
The biggest daily winner among the top 100 altcoins is the native token of Pi Network. Boosted by the overall market rebound and important updates to its underlying network, the PI token jumped 13 percent in a single day, reaching over 0.195 dollars. Other altcoins showing notable daily gains include SKY, JUP, and DCR.
The total cryptocurrency market capitalization added approximately 60 billion dollars over the past 24 hours and now exceeds 2.5 trillion dollars on CoinGecko, reflecting broad-based recovery across both Bitcoin and altcoins.#cryptonews https://t.me/coinsignalpublic https://coinsignals.net
