Bitcoin has reclaimed the $68,000 level after experiencing some volatility in recent days. This surge comes after a dip over the weekend due to FUD surrounding Tether. Despite the dip, Bitcoin bounced back and climbed to a multi-day peak of $68,500. Its market cap now stands at $1.350 trillion, with dominance over altcoins at 55.8%.
In other news, Dogecoin saw a 3-4% increase in price following a meme posted by Elon Musk, while Polkadot also recorded a notable gain of 4%. Ethereum is trading above $2,500 with a 1.5% increase, BNB is above $590 after a 1.4% daily jump, and several other cryptocurrencies including SOL, RP, TON, ADA, AVAX, SHIB, BCH, and LINK are also in the green.
However, TRX, LEO, and SUI have experienced losses, with SUI seeing a significant drop of 4%. The total crypto market cap has surpassed $2.4 trillion and currently sits at $2.420 trillion. Overall, the market is showing signs of recovery and positive momentum.