Bitcoin surged to $74,000, its highest level in a month, as the market recovered from recent geopolitical volatility. Ethereum reclaimed $2,100, while the Pi Network’s PI token was the standout performer, posting a double-digit gain among top altcoins.
Bitcoin’s price resurgence saw it climb to approximately $74,000, facing resistance at its highest point in a month. This recovery added $11,000 to its value following a dip to $63,000 over the weekend amid regional tensions.
Most major altcoins traded positively. Ethereum rose above $2,100, and Solana reached $90. According to market data, the total crypto market capitalization increased by $60 billion in a day to over $2.5 trillion.
The Pi Network’s native token, PI, was the only double-digit gainer among the top 100 cryptocurrencies by market capitalization, rising 13% to above $0.195. Other notable gainers included SKY, JUP, and DCR.
Bitcoin’s market dominance remained strong at 57.4% against other digital assets. The broader market movement reflected a significant recovery from earlier losses.
