Bitcoin Reaches a Fortnight's Peak, Fartcoin Surges by 18% Daily (Market Overview)

Bitcoin's price continued its upward trajectory, surpassing $110,500 for the first time in approximately two weeks. This surge comes after a significant drop to $100,400 just five days ago, which was triggered by escalating tension between U.S. President Donald Trump and Tesla’s CEO, Elon Musk.

Despite losing some ground since reaching its peak, Bitcoin is still up by 3.5% on the day, with its market capitalization standing at $2.170 trillion. Other altcoins also performed well, with Ethereum increasing by nearly 8% and trading around $2,800, while Fartcoin, the top gainer among the top 100 altcoins, surged by 18%. The total crypto market cap has increased by about $60 billion in a day to $3.535 trillion.