Bitcoin’s bullish momentum continues as the leading cryptocurrency soared past $110,500, marking its highest level in two weeks. This rally follows a brief pullback last week when BTC dropped to $100,400 amid renewed tensions between U.S. President Donald Trump and Tesla CEO Elon Musk.
Despite the volatility, Bitcoin rebounded strongly, stabilizing around $104,000–$106,000 over the weekend before surging during the early Asian trading session on Tuesday. The upward move peaked at $110,500, though the price has since retraced slightly to around $109,000—still up 3.5% on the day.
Fartcoin Leads Altcoin Surge
The altcoin market has also turned green, led by Fartcoin, which exploded 18% in daily gains, making it the top performer among the top 100 cryptocurrencies. Other notable gainers include dogwifhat (16%), Uniswap (15%), AAVE (14.4%), and TAO (13%).
Ethereum has joined the rally as well, posting an 8% increase and approaching the $2,800 level. Meanwhile, HYPE token jumped 12%, nearing its previous all-time high, while coins like LINK, SUI, AVAX, SOL, and DOGE also recorded solid gains.
Market Outlook
Bitcoin’s market cap has climbed to $2.17 trillion, with its dominance over altcoins standing above 61%. The total crypto market capitalization has grown by approximately $60 billion in the past 24 hours, reaching $3.535 trillion according to CoinGecko.
