Bitcoin price regained some of its recent lost glory, surging above $113,000 for the first time since last Friday.
Most altcoins posted bigger gains, including some large-cap altcoins like HYPE, which set new all-time highs.
After a sluggish week when BTC dropped below $108,000 several times, buying finally began to take over the market on Thursday and Friday. The day kicked off a spectacular rally that pushed Bitcoin to a weekly high of $113,400 (on Bistamp) after the latest US jobs report.
However, the asset was quickly pulled back from that level, plunging three thousand in less than an hour. The weekend was once again lackluster, as Bitcoin traded flat between $110,000 and $111,500.
Crypto market players once again tried to push back the price level on Monday when they challenged $113,000 but failed and BTC price dropped by two thousand. However, buying continued and pushed another surge to surpass $113,200 today.
BTC is currently under some pressure and is trading around $112,000. Market cap has increased to $2.250 trillion on CG, while dominance over altcoins has slightly decreased to 56.1%.
M, SKY, ENA, NEAR, BONK, and PENGU on the other hand recorded moderate gains between 7% and 13%. HYPE set a new record high above $54 after a 6% daily surge. Large market cap altcoins are also in the green zone with gains of up to 5.5% for LIKE, ADA, and XLM.
