Bitcoin and major cryptocurrencies saw significant gains in Monday's early trading

This represents a 3.71% increase. Ethereum also experienced a notable rise, climbing 4.05% to trade at $2,093.

Bitcoin and major cryptocurrencies saw significant gains in Monday’s early trading, with BTC rising approximately 3.71% to reach approximately $87,480.

This optimism follows a weekend that saw mixed signals regarding upcoming U.S. tariffs and the anticipated release of key economic data later in the week.

The overall cryptocurrency market capitalization increased by 2.94% over the past 24 hours, now standing at $2.84 trillion.

The crypto sector appears to be largely shrugging off looming concerns regarding President Trump’s April 2 threat to impose tariffs on goods from China and Mexico.

Optimism within the crypto sector remains strong despite macroeconomic headwinds.

Among the notable movers, Chainlink, Avalanche, Hedera, and Stellar recorded growth ranging from 3% to 10%.

While optimism prevails, it’s crucial to note that the market's reaction to the pending U.S. tariffs remains a key factor to watch closely.

Optimism within the crypto sector remains strong despite macroeconomic headwinds.

"Bitcoin is holding above $86,000, registering a 3% gain today. The key resistance level to watch is $86,700; a breakout could pave the way for $90,000," said Vikram Subburaj, CEO of Giottus.

Bitcoin's market capitalisation surged to $1.727 trillion, with dominance rising to 60.73%.

Its 24-hour trading volume soared by 93% to $18.2 billion, while stablecoin transactions accounted for 94.74% of total crypto trading, reaching $57.58 billion, according to CoinMarketCap.

Solana emerged as a standout performer, surging over 7% in the past 24 hours to trade above $139.

The rally was fueled by reports suggesting that President Trump’s April 2 tariffs may be more targeted than initially feared,