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Bitcoin, Ethereum, Solana, and Dogecoin were among the top crypto tokens trading higher on Monday, with a positive bias.

Bitcoin was trading 1.2% higher at $52,311, while Ethereum was up 4% to $2,920. Meanwhile, the worldwide cryptocurrency market capitalization increased by 1.4% to roughly $1.97 trillion in the last 24 hours.

Bitcoin traded at $52,000 over the weekend, indicating an increasingly positive view. Bulls are being patient with their profits, anticipating a long-term uptrend. If Bitcoin remains above its present price, the next objective is $55,000.

Ethereum is showing a stronger optimistic trend than BTC, with a 15% gain in the last seven days and currently trading around $2,800. A close above $2,900 would position Ethereum to meet the next obstacle above $3,000.

Bitcoin maintains its momentum as it attempts to shatter the $53,000 barrier. Any breakout above should drive the price to $60,000 in the near future.

Altcoins such as Polygon and Internet Computer increased by 6% and 9%, respectively. Solana, Dogecoin, Shiba Inu, Toncoin, Polkadot, and Cardano all climbed up to 2%.

DeFi currently has a total volume of $5.67 billion, accounting for 8.55% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $60.03 billion, accounting for 90.47% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $1.027 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.81%. Bitcoin volume plummeted 13.3% in the last 24 hours, reaching $18.6 billion.

Bitcoin remains about $52K, while Ethereum is around $2.8K. BTC’s recent good performance coincided with the US dollar and government yields, indicating that the prevailing story is about institutional demand rather than being a safe haven asset. The key resistance for BTC remains at $52.8K; failure to cross this level may result in another downward downturn. Similarly, the first key support is $51.3K; if Bitcoin closes below this level, bearish momentum may dominate.