- Major cryptocurrencies and related equities climbed on Monday, with Bitcoin nearing $80,000 and Ethereum reaching a seven-month high.
- The global crypto market capitalization increased by 2.36 % to reach $2.68 trillion, while over $420 million was liquidated in 24 hours.
- Analyst Ali Martinez noted that Bitcoin reclaimed its 1,130-day simple moving average, a historical indicator that previously signaled the start of new bull markets.