|

Crypto market overview: Bitcoin (BTC) and major altcoins are flashing green

  • The major coins are recovering during Asian hours on Monday.
  • Cosmos (ATOM) is remains the growth leader of the day.

Cryptocurrency market switched back into the recovery mode with Bitcoin and the majority major altcoins demonstrating solid gains. The total market capitalization has jumped to $179 billion from $175 billion on Thursday. The average daily trading volumes are registered at $47 billion.

Top-3 coins price overview:

  • Bitcoin broke above $5,400 handle during early Asian hours to trade at $5,445 by the time of writing. The world's biggest digital coin has been moving within a short-term upside channel amid expanding volatility.
  • Ethereum touched $163.39 high during early Asian hours before retracing to $162.17. The second largest virtual coin has gained about 1.5% on a day-on-day basis and managed to settle above $162.00. This move has improved the short-term technical picture.
  • Ripple's XRP is changing hands at $0.3078, mostly unchanged since this time on Thursday. The third largest coin has been sidelined recently despite the recovery of other major coins. XRP/USD bulls cannot make it above $0.3100.

The biggest market-movers:

  • Cosmos (ATOM) retains the position of the best-performing cryptocurrency out of top-20.  At the time of writing Cosmos is changing hands at $4.87 with over 12 of gains in recent 24 hours. The total market value of the coin is registered at $928 million. 
  • Tezos (XTZ) has gained nearly 9% since this time on Thursday to become the second fastest growing coin of the day. It takes the 16th position in the global cryptocurrency rating thi the market value of $863 million.
  • Binance Coin (BNB) has grown by 6% on a day-on-day basis to trade at $23.42 by the time of writing. 
     

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Editor's Picks

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.

Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

Bitcoin hovers around $73,000 on Thursday, driven by the US Stock market recovery, boosting risk-on sentiment. Data shows analysts are mostly bullish on Bitcoin, citing renewed demand from institutional investors, on-chain holders, and the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.