Bitcoin Surges Past $64K, Leading Crypto Market Rally
Bitcoin kicked off the week with a strong performance, surpassing the $64,000 mark on Monday. This upward movement led to a broader rally in the cryptocurrency market, with other major digital assets also seeing gains.
Key Highlights
- Bitcoin jumped over 2% in the past 24 hours, reaching above $64,000.
- Ethereum (ETH) and Solana (SOL) also saw significant increases, rising by 3%.
- Memecoins like Mog and SPX6900 experienced substantial gains over the weekend.
- Over $100 million in short positions were liquidated due to the price surge.
Market Sentiment
The positive momentum in the crypto market aligns with broader economic optimism. Renewed hopes for economic stimulus in China and favorable indicators from the U.S. economy have…
