Bitcoin had a positive reaction after dropping to under $53,000, gaining more than $4,000 since then and currently standing above $57,000. Altcoins also saw gains, with DOGE rising above $0.1 after a 7% increase. Last week was a difficult one for Bitcoin, possibly due to outflows from spot Bitcoin ETFs in the US. However, bulls prevented a further breakdown and Bitcoin recovered some ground. Altcoins such as Ethereum, BNB, SOL, TON, BCH, NEAR, and Dogecoin have all seen minor gains. The total crypto market cap has increased by over $50 billion and is now above $2.1 trillion.



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