BTC briefly rose above $63,500 but stayed within its recent range amid softer USD and reduced rate-hike expectations.
Bitcoin climbed back above $63,500 on Monday, reaching $63,502, a 0.81% gain, as a weaker dollar and fading Federal Reserve rate-hike bets provided modest support. The move left BTC within its recent trading range, failing to trigger a broader rally.
Ethereum rose 1.27% to $1,902, while the total crypto market cap held at $2.27 trillion. Bitcoin dominance stood at 56.2%, with the Fear & Greed Index at 31, signaling persistent market caution.
Altcoins showed mixed performance, with small-cap tokens like Portal and GoPlus Security posting gains of 49.4% and 37.7%, respectively. Funding rounds for firms like Blox and Saturn highlighted ongoing investor interest in niche crypto projects.