Bitcoin Bounces Back from Monthly Low as Ethereum Surges

After a relatively quiet weekend, the cryptocurrency market experienced a surge in activity on Monday morning. Bitcoin's price dropped to a new monthly low before rebounding to over $68,000.

Ethereum was one of the top performers, surging to over $2,050 as of press time. Other large-cap altcoins were also slightly in the green on a daily scale.

Bitcoin's market cap has calmed at $1.350 trillion, while its dominance over the alts stands at just over 56% on CG. The total crypto market cap has recovered $40 billion since this time on Sunday and now sits above $2.4 trillion on CG.