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Crypto Market Sees $11 Billion Surge, Bitcoin Hits 7-Day Winning Streak

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CRYPTOCURRENCY,BITCOIN,ETHEREUM

The cryptocurrency market witnessed a resurgence on Monday, adding $11 billion to its valuation, reaching $3.47 trillion. Bitcoin price climbed above $102,480, aiming for a seventh consecutive gain. While Ethereum lagged behind, AI-related altcoins such as Render, FET, and Injective surged into double-digit gains. Microstrategy's purchase of $101 million worth of Bitcoin and MetaPlanet's expansion plans fueled the rally.

The cryptocurrency sector valuation increased by $11 billion on Monday to reach an 18-day peak of $3.47 trillion. Bitcoin price crossed the $102,480 mark, on course to print a seventh consecutive green candle. While Ethereum underperformed, AI-related altcoins like Render , FET and Injective have entered double-digit gains.

With traditional tech giants and startups alike pouring resources into AI development, this trend is spilling over into the crypto sector, where projects integrating AI functionalities are attracting heightened interest. Leading the charge are established players like Render , Fetch.ai , and NEAR Protocol, which have posted gains of 24.2%, 7.2%, and 12.5% respectively, over the past week.

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