Crypto Market Booms As Bitcoin Reaches $109K and Other Tokens Surge

The cryptocurrency market opened the week with a strong flourish, fueled by positive momentum across several tokens. Bitcoin reached an all-time high of $109,418.45, boosted by US investor demand and whales joining in on the bullish surge. Ethereum saw significant gains following its recent Pectra upgrade, drastically improving scalability and lowering transaction fees. Meanwhile, TAO, INJ, and DOT witnessed notable upward movement thanks to institutional investment and technical advancements. The combined effect of these factors led to a 4% rise in total crypto market capitalization to $3.42 trillion, suggesting a significant shift towards bullishness.