Haciyev Reşit 
After the sharp sell-off seen last week, the cryptocurrency market has entered the new week with clear recovery signals. Total crypto market capitalization has climbed to $3.11 trillion, indicating that investors are once again taking on risk and that buying appetite is strengthening. Led mainly by Bitcoin and Ethereum, this rebound is not limited to major assets but is also spreading across the altcoin market, creating a more balanced sense of optimism overall.
Total Crypto Market Capitalization Regains Strength
Total crypto market capitalization (TOTAL) has increased by $55.8 billion over the past 24 hours, reaching $3.11 trillion. This rise suggests that investors are re-entering positions following last week’s decline. For now, the $3.09 trillion level stands out as strong support, while $3.18 trillion is being closely watched as the key resistance ahead.
A break above this level could pave the way for a stronger market-wide recovery. However, macroeconomic uncertainty and potential profit-taking continue to keep short-term volatility risks alive. In the event of renewed weakness, a pullback toward the $3.05 trillion zone cannot be ruled out.
Bitcoin Recovers Strongly: Is $95,000 the Next Target?
Bitcoin (BTC) has regained strength after recent selling pressure. At the time of writing, BTC is trading in the $92,300–$93,000 range and has managed to reclaim the critical $91,511 level. Holding above this threshold is seen as crucial for the continuation of the short-term uptrend.
The next key resistance for Bitcoin stands at $93,471. If this level is broken and turns into support, a move toward the psychologically important $95,000 level could come into play. On the downside, a drop below $91,511 could send price back toward the $90,000 support zone, weakening the bullish scenario.
Political and economic developments in the US are also playing a role in the market’s rise. Tensions between US President Donald Trump and Fed Chair Jerome Powell have weighed on traditional markets, while strengthening Bitcoin’s “safe haven” narrative. Trump’s strong calls for interest rates to be cut below 1% and his criticism of Powell weakened the US dollar index. During this period, Bitcoin decoupled from its correlation with the Nasdaq and emerged as an alternative hedge. Similarly, gold surged to a new all-time high of $4,600 per ounce.
Gains Extend to Ethereum and Altcoins
The market-wide recovery has not been limited to Bitcoin. Ethereum (ETH) has also joined the uptrend strongly, rising to around $3,150. This momentum suggests that both institutional and retail investors are once again taking positions, while confidence in the altcoin market is gradually returning.
Alongside Ethereum’s rise, many altcoins are trading in the green. Notably, Monero (XMR) surged by 24% over the past 24 hours, reaching a new all-time high (ATH). This strong performance highlights that the recovery is spreading beyond major cryptocurrencies to a broader range of altcoins, signaling that investor interest is once again shifting toward the wider altcoin market.
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