\n\t\t\t\t\t\t\t\t\tThe other massive gainers today include NEAR, WLD, MORPHO, and ONDO. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
After losing roughly $8,000 in just over a week, bitcoin\u2019s price finally rebounded in the past day after more promising developments on the US-Iran peace front.<\/p>\n
Most altcoins have followed suit, helping the total crypto market cap regain over $80 billion since yesterday\u2019s low.<\/p>\n
BTC Jumps Toward $77K<\/h2>\n
As mentioned above, the primary cryptocurrency dumped hard in the past 10 days or so, driven by different factors, such as the bleeding<\/a> ETFs, investor exodus, and rising geopolitical tension<\/a>. It dumped below $78,000 last weekend and fell to $76,000 a few days later.<\/p>\n After an unsuccessful rebound attempt on Wednesday and Thursday that was stopped at $78,000, the bears took complete control on Friday and especially Saturday morning, driving<\/a> bitcoin south to just over $74,000. This became its lowest price position in May, and it arrived after a new set of threats from Trump against Iran.<\/p>\n However, the two sides actually made significant progress on a potential permanent peace deal, as announced by the POTUS himself. This resulted in an immediate price uptick<\/a> for BTC that drove it to just over $77,200 earlier today before it was stopped. Nevertheless, it still trades inches below $77,000, and its market cap has recovered to $1.540 trillion on CG.<\/p>\n Its dominance over the alts has also remained above 58% after a brief dip yesterday.<\/p>\n Aside from yesterday\u2019s brief crash to $55, HYPE has been the undisputed leader in market performance over the past few weeks. Its gains only intensified today as it posted a fresh all-time high of over $63.<\/p>\n Ethereum defended the $2,000 level and has risen past $2,100 after a 4.5% daily surge. BNB is back to $660, while XRP has reclaimed the $1.35 resistance. SOL is up to $87, ZEC is back to $645, and more gains are evident from CC, XLM, SUI, AVAX, TAO, and others.<\/p>\n Even more substantial double-digit increases come from WLD, NEAR, MORPHO, ONDO, and QNT.<\/p>\n The total crypto market cap has added over $80 billion since yesterday\u2019s low and is up to $2.650 trillion on CG.<\/p>\n \u00a0<\/p>\nHYPE New ATH<\/h2>\n
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