After a tense weekend marked by U.S.-Iran conflict and market dips, the crypto market is showing signs of recovery. Bitcoin briefly fell below $100,000 but rebounded above $101,400, gaining 5.7% this week. The total market cap has risen to $3.12 trillion, up 2.42% in 24 hours.
Ethereum jumped 14.6% this week, while XRP, Solana, Dogecoin, and Cardano also posted strong gains. Hyperliquid (HYPE) surged 22%, leading altcoin performers. Despite this rally, the Altcoin Season Index remains low at 15/100 — signaling Bitcoin dominance.
A major confidence boost came from Michael Saylor’s $1B BTC purchase, sparking renewed institutional interest. With geopolitical fears easing and no major events looming, markets are stabilizing — for now.