WLD, NEAR, and JUP also emerged among the strongest performers as the cryptocurrency market extended its rebound.
After a relatively uneventful weekend, Bitcoin staged a strong comeback on Sunday evening, climbing to $66,000 for the first time in nearly two weeks. The rally came shortly after US President Donald Trump announced that an agreement with Iran was essentially finalized.
The broader crypto market also benefited from the renewed optimism. Total market capitalization expanded by more than $50 billion within 24 hours, surpassing $2.33 trillion on CoinGecko, as several altcoins delivered impressive gains.
Bitcoin Reclaims Momentum
Bitcoin endured a difficult start to June, falling sharply from $73,000 to a multi month low of $59,100 before finding support and beginning a gradual recovery.
The following week brought some relief as the leading cryptocurrency repeatedly approached the $64,000 level. However, each breakout attempt was rejected.
Renewed geopolitical tensions, particularly fresh attacks in the Middle East, triggered another round of selling pressure that pushed Bitcoin back toward $61,000. Despite the setback, that support level held firm and allowed the asset to recover toward the upper end of its recent trading range.
Market activity remained subdued over the weekend. Although Trump had indicated on Saturday that a permanent agreement between the United States and Iran would be announced on Sunday, reports of additional Israeli attacks on Lebanon kept investors cautious.
Sentiment shifted dramatically on Sunday evening when Trump stated on Truth Social that the long anticipated agreement was effectively complete.
Bitcoin responded immediately, surging to $66,000 during early trading on Monday, its highest level since June 3. While the asset has since given back a few hundred dollars, it remains up roughly 2 percent on the day. Its market capitalization has climbed to $1.315 trillion, while its share of the overall crypto market continues to hold above 56.5 percent on CoinGecko.
Altcoins Lead the Charge
Major altcoins also posted solid gains, with most large cap assets trading comfortably in positive territory.
Ethereum advanced by 2.5 percent to reclaim the $1,700 mark. BNB edged closer to $620, XRP moved above $1.18, and Solana pushed well beyond $70. Cardano also impressed, recording a 6 percent gain.
Among the standout performers, HYPE surged nearly 10 percent, while ZEC emerged as the biggest winner among the top 100 cryptocurrencies. The privacy focused token jumped 16 percent and traded close to the $500 level.
WLD also delivered a strong performance, climbing 15 percent to reach $0.59. NEAR and JUP joined the list of double digit gainers, reflecting the broader recovery across the altcoin market.
As of now, the combined value of all cryptocurrencies has increased by more than $50 billion over the past day, bringing the total market capitalization to approximately $2.33 trillion, according to CoinGecko.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
