Bitcoin surged back above $110,000 early Monday after a weekend correction, while Cardano (ADA) and Dogecoin (DOGE) led gains among major cryptocurrencies. The recovery comes amid renewed institutional interest and stable trading volumes across centralized exchanges.
The flagship cryptocurrency dipped to $106,802 during Saturday’s sell-off before rebounding 3.2% over 24 hours. Current prices hover near $109,690 with a market capitalization of $2.16 trillion, according to CoinGecko data.
This price action follows Bitcoin’s recent all-time high of $111,814 on May 22, 2025. The weekend volatility caused $240 million in leveraged position liquidations before buyers stepped in.
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Bitcoin’s Technical Recovery
Key support held at the 50-day moving average ($107,216), with bulls defending this level through Sunday night. The 24-hour trading volume remains robust at $29.65 billion:
- May 26: $109,690 (current)
- May 25: $107,831
- May 24: $107,217
- All-time high: $111,814 (May 22)
Analysts note sustained demand from Bitcoin ETF products, which saw $1.2 billion in net inflows last week. MicroStrategy reportedly added 8,400 BTC to its treasury reserves during the dip.
Altcoin Market Leaders
While Bitcoin dominates headlines, the altcoin market shows notable strength:
| Cryptocurrency | Price | 7-Day Change |
|---|---|---|
| Ethereum (ETH) | $2,743 | +8.0% |
| Polkadot (DOT) | $4.57 | +1.4% |
| Bitget Token (BGB) | $5.42 | +7.0% |
Cardano’s 6.9% daily gain outpaces most top-20 assets, with developers announcing new smart contract upgrades. Dogecoin continues benefiting from Elon Musk’s latest X platform integration plans.
Institutional Activity Intensifies
BlackRock’s digital asset division confirmed $650 million in new Bitcoin futures positions last Friday. Meanwhile, Fidelity Investments expanded its crypto custody services to include staking for institutional clients.
The DeFi sector shows resilience with $6.23 billion total value locked (TVL) across leading protocols. Ethereum-based liquid restaking tokens account for 43% of this activity.
Market analysts warn of potential consolidation near current levels. “We’re seeing classic bull market behavior,” said CoinShares strategist Marcus Thompson. “Brief corrections get bought aggressively, but volatility remains elevated.”
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The broader crypto market cap now stands at $2.56 trillion, up 2.4% since yesterday’s open. Traders await Wednesday’s Federal Reserve meeting minutes for clues about interest rate policy impacts on risk assets.
