Crypto price today: Bitcoin rises above $86k; Avalanche, Solana jump up to 10%
Bitcoin and major cryptocurrencies extended their gains on Monday as investor sentiment remained bullish despite looming US tariff concerns and key economic data releases later this week.
As of 11:26 am IST, Bitcoin was up 3.2% at $86,590, while Ethereum gained 2.3% to trade at $2,047. The global crypto market cap rose 2.94% over the past 24 hours, reaching $2.84 trillion.
Among major altcoins, Solana surged 5.9%, XRP rose 3%, Cardano gained 2%, and Dogecoin jumped 3.8%. Meanwhile, Chainlink, Avalanche, Hedera, and Stellar posted gains between 3% and 10%.
“Bitcoin is holding above $86,000, registering a 3% gain today. The key resistance level to watch is $86,700; a breakout could pave the way for $90,000,” said Vikram Subburaj, CEO, Giottus.
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View Details»He added, “Spot ETFs saw positive inflows last week, fueling optimism among traders. Additionally, the Crypto Fear & Greed Index has climbed to 45, indicating a gradual shift in sentiment.”
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Shivam Thakral, CEO of BuyUcoin, noted that regulatory engagement has also boosted confidence. “The crypto