Bitcoin and Ethereum Prices Surge Amid Market Sentiment Boost

Despite some declines in DeFi trading volume, both Bitcoin and Ethereum led crypto gains last week, rising by 1.20% and 1.32%, respectively.

This increase boosted overall market sentiment, with large-cap altcoins mostly gaining as well.

The rise in Bitcoin's price pushed its dominance to 58%, indicating a preference for established tokens over smaller caps.

Stablecoin trading volume grew by nearly 5% and derivatives volume remained high, suggesting liquidity is ready to deploy.