\n\t\t\t\t\t\t\t\t\tThe frog-themed meme coin is today’s biggest gainer, followed by TAO, DOT, and BONK.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
After a relatively quiet weekend despite the latest developments in the Middle East, bitcoin\u2019s price surged on Monday morning to a six-week peak of just over $74,000, where it was stopped.<\/p>\n
Many altcoins have produced even more impressive gains, including ETH, which reclaimed the $2,200 level, and ADA, which jumped by 10% at one point.<\/p>\n
BTC Saw New Local Peak<\/h2>\n
The previous business week began quite contrastingly to this one, as BTC\u2019s reaction to the weekend developments on the war front pushed it south to $65,600. However, the bulls intercepted the move and helped the asset recover several grand by Wednesday when it jumped to $68,000 after the CPI numbers came out for February.<\/p>\n
After a minor rejection at that point, bitcoin went on the attack once again on Friday. It skyrocketed to $74,000 for the second time in the past 10 days, only to be rejected<\/a> once again. It dipped<\/a> further to just over $70,000 during the weekend after the latest set of bombings in the Middle East, but managed to maintain that level.<\/p>\n More volatility was expected on Monday morning when most legacy financial markets opened, including oil. Indeed, fluctuations arrived, but they sent<\/a> BTC higher to a multi-week peak of just over $74,000. Although it failed there and now sits a grand lower, BTC is still up by 8% weekly.<\/p>\n Its market cap has increased to $1.465 trillion on CG, while its dominance over the alts continues to sit below 57%.<\/p>\n Ethereum, Solana, and Cardano are the biggest beneficiaries of today\u2019s market-wide rally. All three have added around 6-8% of value, pushing ETH to well over $2,250, SOL to above $90, and ADA close to $0.40. HYPE, LINK, DOGE, XMR, AVAX, LTC, and XRP are also in the green, albeit in a more modest manner.<\/p>\n There are some double-digit gainers as well. PEPE leads the pack with a notable 18% surge, followed by DOT and TAO. BONK, SHIB, and ZEC are next in line.<\/p>\n The total crypto market cap added almost $100 billion daily and is close to $2.6 trillion on CG as of now.<\/p>\n \u00a0<\/p>\nPEPE Soars<\/h2>\n
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