Altcoins rally as Bitcoin returns above $114 000

Bitcoin reclaimed the 114 000 level, fueling growth in market capitalization and strong gains across major altcoins like HASH, ENA, and XLM.

Altcoins rally as Bitcoin returns above $114 000

Altcoins Rally as Bitcoin Stabilizes Above 114000


The total market capitalization of cryptocurrencies is steadily increasing following a recent correction. The combined value of digital assets has grown by more than USD 60 billion, with Bitcoin reclaiming a position above the USD 114 000 level. This serves as a strong psychological signal for investors, sparking notable rallies across several altcoins.


Bitcoin Holds Firm Above 114000


At the start of last week, Bitcoin traded within the USD 117K–119K range. The U.S. Federal Reserve’s decision to keep interest rates unchanged triggered brief volatility. Shortly after, Bitcoin touched a local high near USD 119 000 before macroeconomic pressures drove it down to USD 112 000 — the lowest level in over two weeks. However, a recovery began on Sunday, with Bitcoin quickly climbing back above USD 114 000. The market has since shown consistent buyer support, with the next resistance expected near USD 115 000.


Altcoins Show Strong Recovery


As Bitcoin stabilized, altcoins responded with broad-based gains. Ethereum, which had dropped to around USD 3400, is now trading above USD 3550 — a daily increase of approximately 3 %. XRP fell to USD 2.72, breaching the psychologically significant USD 3.00 level, but has nearly recovered. Other major altcoins including BNB, Solana, TRON, Dogecoin, Cardano, SUI, and Chainlink are also exhibiting upward momentum.


Notably, three assets — HASH, ENA, and XLM — delivered double-digit percentage growth. Their performance indicates a renewed investor appetite for higher-risk digital assets and may signal the start of a broader bullish phase across the altcoin market.


Conclusion


Current trends in the cryptocurrency market suggest a solid rebound following a short-term correction. Bitcoin has maintained stability above a critical threshold, while altcoins continue to attract attention amid improving sentiment. Investor focus appears to be shifting toward assets with greater upside potential. If this positive momentum holds, both Bitcoin and the altcoin segment could see further gains in the near term.




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