Crypto Market Hits $4 Trillion Again as AI Altcoins Explode

The crypto market just pulled a fast one on skeptics, clawing its way back over the $4 trillion level like a caffeine-fueled coder hacking through the night.

After whales juggling too much leverage threw a weekend tantrum, experts say about $300 billion flooded back into spot crypto markets Monday morning, turning panic into pep talk.

Peaks

Bitcoin and Ether are now cozying up in the middle of their usual price channels, playing it cool like seasoned pros, but the real drama happens in the land of AI-related altcoins.

Analysts named quite a few champs here, like Bittensor, the machine-learning darling, which popped a juicy 35%, hitting $410.

This is its highest peak in nearly three months, even while sitting 46% shy of its all-time glory.

Then there’s ChainOpera AI, the sprinter, rocketing 70% to an ATH of $43 on Sunday.

And don’t forget Render, the GPU compute wizard, casually climbing 17% to $2.8 during Monday’s Asian hours.

Weekend selloff

And right next to AI, the DeFi playground is also buzzing. Mantle bounced back hard, snapping up 27% to $2.2, wiping out every bruise from the weekend selloff.

The Trump family’s DeFi venture, WLFI, flexed with an 18% jump, landing at $14.3.

Binance wasn’t left out of the party, either, both BNB and ASTER tokens gained a solid 14%, despite Binance’s exchange getting a pretty bad rap during the meltdown when its market maker froze and several tokens lost their peg, triggering a chaos of liquidations.

Binance did own up and promised compensation for traders.

Ethereum reclaimed some swagger with an 8% gain, pushing above $4,200. XRP leaped 9% to $2.57, Solana strutted up 8% at $195, and alts like Dogecoin and Sui were basking in double-digit gains.

Clearing out the dead weight

Behind the chaos was the biggest leverage flush the crypto world has ever seen,so massive it made the COVID crash and FTX disaster look like child’s play.

Justin d’Anethan of Arctic Digital nailed it when he said this purge was 10 to 15 times heavier than those previous bloodbaths.

Brutal? Yes. Necessary? Absolutely. Clearing out the dead weight leaves the market lean, hungry, and ready to sprint.

History teaches us that after every violent shakeout, alts spring to life like cosmic phoenixes. Remember March 2020’s COVID wipeout?

Market experts say that meltdown paved the way for the legendary 2021 altseason.

If this bounce-back has a moral, it’s this, in crypto, every plunge sets the stage for an electrifying comeback.

And today, AI altcoins are leading the charge like rogue heroes rewriting the script.

Have you read it? JPMorgan’s Hard Pivot: Crypto Trading Plans Without Custody, For Now