The cryptocurrency market has gained strong momentum following recent developments in the Middle East, pushing prices higher across major assets.
Bitcoin climbed above 78,000 dollars, reaching its highest level since early February. At present, it is trading near 78,000 dollars, reflecting a daily increase of about 2.5 percent and a weekly gain of roughly 6 percent.
This latest upward move comes after Donald Trump announced an extension of the ceasefire involving Iran, allowing more time for negotiations toward a unified proposal. The easing of tensions helped lift overall market sentiment.
Following the rally, Bitcoin’s market capitalization has surpassed 1.56 trillion dollars, while its dominance over alternative cryptocurrencies remains steady at around 57.8 percent.
Altcoins Lead the Gains
While Bitcoin posted solid growth, several altcoins delivered even stronger performance over the same period. The standout performer is MemeCore, which surged by 22 percent to reach a new all time high of 4.30 dollars. The token has now positioned itself among the leading meme coins, behind Dogecoin and ahead of Shiba Inu.
Other notable gainers include RAIN with an 11 percent increase, PENGU up 7 percent, Monero rising 7 percent, and Bitcoin Cash gaining 6 percent.
On the losing side, DeXe dropped by 11 percent, followed by Kaspa with a 2 percent decline and Hyperliquid which slipped by 1.5 percent.
Overall, the total cryptocurrency market capitalization has increased by about 1.6 percent over the past day, reaching approximately 2.7 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
