Bitcoin Surges Past $65K as Risk-On Sentiment Grips Market
Bitcoin broke through $65,000 on Monday morning following weekend de-escalation news. This is its highest level since Friday.
Larger-cap altcoins are leading the charge, with Ether (ETH) hitting a 2-month high of nearly $2,000 before pulling back slightly.
Bitcoin's rise comes after it reacted positively to news from the weekend that reduced tensions in the conflict zone. The crypto market is shifting towards risk-on sentiment as a result.