HYPE continued its impressive run with another double digit gain, while Bitcoin surged to its highest level in two weeks by briefly crossing the $67,000 mark. Stellar and Uniswap also emerged among the strongest performers over the past 24 hours.
Bitcoin Pushes Above $67,000
Bitcoin’s rebound gathered pace after renewed optimism surrounding easing geopolitical tensions in the Middle East. Earlier this month, the leading cryptocurrency had fallen below $60,000 before recovering that level shortly afterward.
The following week saw Bitcoin trade within a relatively narrow range between $61,000 and $64,000, with price movements largely influenced by developments related to the regional conflict.
Market sentiment improved after President Donald Trump stated over the weekend that the United States and Iran were expected to announce a deal. Although fresh Israeli strikes in Lebanon raised concerns and added uncertainty to the situation, Trump’s announcement on Sunday evening helped reignite bullish momentum.
Bitcoin, which had been trading just below $64,000, quickly advanced to $66,000 before extending its gains on Monday. The asset briefly surpassed $67,000 for the first time in two weeks before encountering resistance.
Despite pulling back from that level, Bitcoin continues to trade comfortably above $66,000. Its market capitalization has risen to approximately $1.33 trillion, while its dominance across the crypto market stands at 56.5 percent.
HYPE Leads the Altcoin Charge
Most major altcoins joined the broader market rally. Ethereum climbed above $1,850 for the first time since the beginning of the month before facing renewed selling pressure.
XRP also posted notable gains, advancing to nearly $1.30 as investor sentiment improved. Solana moved higher to around $74, while Hyperliquid’s native token once again stole the spotlight.
HYPE surged beyond the $70 level following another double digit rally, reinforcing its position as one of the market’s standout performers.
Stellar’s XLM and Uniswap’s UNI also recorded impressive gains of more than 12 percent each. XLM climbed to approximately $0.21, while UNI traded close to the $3 mark. Meanwhile, Zcash added another 5 percent to reach around $523.
Not all digital assets participated in the rally. Toncoin and Bittensor’s TAO both declined by more than 5 percent during the same period.
The broader cryptocurrency market continued its upward trajectory, with total market capitalization increasing by roughly $25 billion over the past day to exceed $2.35 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
