As of Monday, Bitcoin has experienced a 0.41% increase, reaching a value of $36,948. Over the weekend, Bitcoin's price surged by $309, marking its highest point this month.
Ether also entered the profit zone with a modest 0.15% gain, bringing its value to approximately $2,049. However, Ether saw a slight dip of $66 over the weekend.
Ethereum demonstrated strong performance compared to BTC on weekly charts, maintaining a position above $2,000, likely influenced by Blackrock's spot ETF filing.
BTC has now seen gains for the fourth consecutive week, showing a growth of over 40% in recent weeks amid increasing expectations of spot ETFs. Investors are eyeing the $40,000 level as the next milestone.
Several other cryptocurrencies, including Tether, Ripple, Cardano, Tron, and Chainlink, showed positive movements. Polygon, Polkadot, Avalanche, Litecoin, Shiba Inu, Bitcoin Cash, and Cosmos also recorded gains on Monday.
The global cryptocurrency market saw a 0.45% increase in the last 24 hours, reaching a total capitalization of $1.42 trillion, according to CoinMarketCap on Monday. The crypto fear and greed index indicate a sentiment of greed, standing at 72 and driving market momentum.
Only a handful of cryptocurrencies experienced losses today, including Binance Coin, Solana, Dogecoin, Cronos, and Binance USD.
