Bitcoin Surges Past $115K as Crypto Market Heats Up

The cryptocurrency market started the week on a positive note, with Bitcoin rallying above the $115,000 mark in early Monday trade. The premier digital asset rose more than 3% in a 24-hour period, echoing renewed investor confidence across the board.

The rally pushed Bitcoin closer to the key $120,000 resistance level, with traders awaiting the upcoming U.S. Consumer Price Index (CPI) report — a metric that could influence global monetary policy and market volatility.

Ethereum and Altcoins Follow the Surge

As Bitcoin stole the show, Ethereum also rallied and was up 6.77% to trade at around $4,196. The positive sentiment rubbed off on other major tokens, with BNB, XRP, Solana, Dogecoin, Cardano, and Hyperliquid all posting gains of up to 11%.The total crypto market capitalisation was up 3.72% at $3.89 trillion, indicating higher trading volumes and optimism among traders.

Among leading performers, Hyperliquid led the pack with a 10.51% increase, followed by Dogecoin, which advanced 5.77%, reflecting a revived appetite for risk-on, high-reward assets.

Institutional Confidence Powers the Rally

Analysts are attributing the uptrend to positive macroeconomic signals and growing institutional participation, especially with better global risk sentiment as the U.S.-China trade negotiations progress.

Over the past week, Bitcoin has gained 4.70% in value and Ethereum 4.25%. The other leading altcoins — BNB, Solana, and Cardano — all recorded double-digit gains, with only Tron losing 6.15% over the period.

“The crypto market’s resilience is a reflection of growing institutional conviction and broader adoption,” said one market strategist. “Traders are positioning for further upside if inflation data is benign.”

As the digital asset market continues to mature, all eyes are on Bitcoin’s next move — whether it can keep this upward trajectory or face resistance at the $120,000 level.