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Bitcoin rally holds above $77,000 as PENGU and AAVE eye further gains

Bitcoin rally holds above $77,000 as PENGU and AAVE eye further gains

The broader cryptocurrency market is gaining momentum with Bitcoin (BTC) above $77,000 on Monday, holding its 23% gains from last week. Renewed institutional demand, with $1.92 billion in inflows last week, the largest so far in 2026, backs the risk-on sentiment. Pudgy Penguins (PENGU) and Aave (AAVE) have emerged as top performers over the last 24 hours.

CoinMarketCap’s Fear and Greed Index at 78 on Monday reaffirms the improving risk appetite of crypto investors. 

Fear and Greed Index. Source: CoinMarketCap

Technical outlook: Will Bitcoin rally extend above $80,000?

Bitcoin edges lower on Monday, following a 23% jump last week. BTC maintains a strong bullish near-term bias as price holds well above both the 50-day Exponential Moving…

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