Bitcoin Breaks Through Resistance, Crypto Market Adds $70 Billion

The crypto market has added $70 billion in value over the past day as Bitcoin's price continues to rise. This morning, BTC broke through its resistance at $65,000 and climbed to a new monthly high of $66,300. However, it remains below its earlier peak of $66,500 reached on Sunday.

Bitcoin's dominance over other altcoins is currently at 57.2%, with its market capitalization reaching $1.330 trillion on CG. The previous business week saw BTC dip to $62,000 due to weekend attacks in the Middle East and favorable CPI data for June.

The altcoin space has also seen significant gains, with Cardano's ADA leading the pack at over 8% daily growth. Ethereum (ETH) is close to reaching its target of $1,950, while XRP and HYPE have both gained around 4% in the past day.