After a period of decline over the weekend, Bitcoin appears to be preparing for a new bull run that will bring it closer to the $100,000 barrier.
Meanwhile, altcoins posted notable gains, with AVAX rising to around $50 and XRP reclaiming the $1.5 level.
Bitcoin started last week at around $90,000 and quickly resumed its climb to hit a high of $94,000 on Wednesday.
After a slight decline, it surpassed $95,000 on Thursday.
The coin then came very close to the $100,000 barrier on Friday evening, but was stopped at this level by the resistance of the bears, and fell during the weekend to $96,000 before bouncing back towards $99,000.
Bitcoin's market cap is currently over $1.95 trillion, although its market dominance has declined to 55.3%.
On the altcoin front, most altcoins posted gains after Sunday's declines.
ETH is up 2.5% to above $3,450 while SOL is above $250.
Coins like DOGE, ADA, TON, SHIB, and SUI also saw slight increases.
XRP saw a 6% jump to above $1.5, while LINK, DOT, NEAR, ICP, and BCH also registered notable gains.
AVAX was the best performer, up over 14%, approaching $50.
Total cryptocurrency market cap rises to $3.55 trillion, recovering recent losses