Bitcoin surpassed $92,000, boosting market sentiment.

Bitcoin Resumes Its Rise

Bitcoin has surpassed the $92,000 level, reversing Friday's selling wave and nearing $94,200. With US stock index futures showing a slight upward movement, market sentiment is following a positive trend.

Stagnation in the Altcoin Sector

Meanwhile, the "altcoin season" indicator has reached a record low value of 19/100. CD80 has shown a significantly worse performance compared to CD20, while speculative interest is still observed to be under pressure.

Privacy Coins Stand Out

Privacy coins continue to gain popularity. Zcash saw a 17% increase, achieving a year-to-date gain of 600%. On the other hand, meme coins, metaverse tokens, and Celestia's TIA token rank among the worst performers of the year.