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Bitcoin (BTC) Taps 11-Week High, This Popular Altcoin Soars by 22%: Market Watch

Bitcoin climbed above $78,000 after de‑escalation news from the Middle East, tapping an 11‑week high (roughly $78,500 peak). The move lifted BTC market capitalization above $1.56 trillion and nudged BTC dominance to about 57.8%, while the total crypto market cap rose to roughly $2.7 trillion. Several altcoins outperformed on the day: MemeCore surged ~22% to an all‑time high of $4.30, and other tokens such as XMR and BCH posted daily gains. The market reaction appears bullish as geopolitical reprieve supported risk appetite, producing modest daily and weekly gains for BTC and broad positive flows across altcoins.

Category

Bitcoin

Sentiment

Bullish

Event

Price milestone

Reading time

1 min