The cryptocurrency market ignited on Monday, with Bitcoin breaking back above $110,500 and Ether surpassing $4,000.
The rally was widespread, with major altcoins like BNB, XRP, and Solana all posting gains between 2.5% and 4%. The upswing marks a decisive recovery from last week’s downturn, which was triggered by negative macro headlines.
According to analysts, the rebound is fueled by a combination of institutional ETF inflows and a brighter macroeconomic outlook, as hopes for interest rate cuts overshadow persistent risks in the global landscape.
