Crypto Market Surges as Bitcoin and Ethereum Pump Past Resistance
The crypto market has started the week on a positive note, with Bitcoin and Ethereum leading the charge. After its strongest week of 2026, Bitcoin is up around 1.7% today and has moved back above $77,000. Ethereum is doing even better, gaining roughly 3.5% and approaching $2,500.
The total cryptocurrency market capitalization has climbed above $2.6 trillion, indicating a continuation of the powerful recovery that began last week. Ethereum has gained roughly 30% over the past seven days, with XRP jumping around 50% from its recent lows and HYPE rallying roughly 36%.
Doctor Profit, a popular crypto analyst, believes the bear market is over and that Bitcoin is in a 'Soft Bull Market'. He views the current phase as a transitional period before a more aggressive bull-market expansion. According to Doctor Profit, breaking $78,500 would open the path toward approximately $82,000.