Bitcoin Value Rebounds to $106K and Monero Sees 5% Surge (Market Overview)

After a significant drop to $103,000 over the weekend, Bitcoin’s value has started to rebound, reaching $106,000. Many altcoins also saw minor gains, with HYPE posting a 3% increase and Monero leading the larger-cap altcoins with a 6% surge.

Despite global trade tensions and tariffs, Bitcoin's market cap has grown to $2.1 trillion and its dominance over altcoins is now at 61.5%. Other altcoins, such as XRP, BNB, SOL, DOGE, TRX, ADA, and SUI, have made small gains, while ETH fell just below $2,500. Monero's token was the biggest gainer among the top 60 altcoins with a 5.4% increase, pushing its value to over $345.

The total crypto market cap has risen by around $30 billion and now stands at $3.41 trillion.