The crypto market is in a rally period owing to eased geopolitical tensions over the last few days. Bitcoin, for the first time this year, managed to hit the $80,000 price point over the weekend. At the time of writing, BTC was trading at $78,950 with a small profit of 0.30 percent incurred over the last day, data by CoinMarketCap showed.
The primary catalyst behind the move remains strong institutional participation through spot Bitcoin ETFs, with recent inflows signaling steady demand from larger investors, market analysts told The Coin Headlines. Short-covering activity near the key $80,000 resistance zone has also contributed to BTC’s accelerating upside momentum after multiple failed breakout attempts in previous weeks.
“From a technical perspective, BTC holding above $80,000 would be a significant confirmation and could open room toward $82,000–$85,000, while immediate support is now seen near $78,000,” said Riya Sehgal, Research Analyst, Delta Exchange. “Overall, easing geopolitical concerns and healthier risk appetite are supporting prices, though macro events and volatility remain key near-term watchpoints.”
Ether joined BTC in carving an upward over the weekend. As of press time on Monday, ETH was trading at $2,339 with a profit of 0.69 percent logged in the last 24 hours.
“Ethereum remains constructive, with a sustained move above $2,400 potentially paving the way toward $2,550,” Sehgal added.
At a glance, the crypto price chart reflected profits next to a majority of cryptocurrencies on Monday. BNB, Tron, Dogecoin, Hyperliquid, Leo, Litecoin, Avalanche, Mantle, and Polkadot registered profits of under one percent in the last 24 hours.
Meanwhile, Chainlink joined Zcash, Toncoin, Uniswap, and World Liberty Financial in clocking gains between three to four percent respectively.
DeFi platform Ondo Finance reported a solid Q1 2026 performance last week. It clocked a revenue of $13.26 million between January and March this year, propelling its total value locked to $3.53 billion. Following the results, the Ondo token registered a nine percent surge in its price to retail at $0.3037 at the time of writing.
The overall crypto market cap rose by 0.23 percent in the last 24 hours. The market valuation, at the time of writing, stood at $2.26 trillion, data by CoinMarketCap showed.
Source: CoinMarketCap
Altcoins trading in the losses on Monday included Tron, Bitcoin Cash, Monero, Canton, Stellar, Hedera, Canton, and Shiba Inu — all of which slipped in prices by under two percent in the last one day.
“Historically, altcoins gain strength when dominance falls below ~50–54%, suggesting the market may still be in a Bitcoin-led phase before potential rotation into stronger altcoins later,” Sathvik Vishwanath, Co-Founder and CEO, Unocoin told The Coin Headlines. “Despite risks of a short-term reversal, the broader trend remains bullish.”
Over $211.5 million and $117.5 million were liquidated from the BTC and ETH ecosystems respectively in the last 24 hours. Overall, more than 112,540 traders were liquidated over the last day with total liquidations breaching $457 million, data by Coin Glass showed.