Bitcoin briefly touched $76,000 on Monday, reaching its highest level since early February. It was trading near $75,157 amid broad gains across major cryptocurrencies.

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Ethereum rose 17%, Zcash jumped 20%, XRP climbed 14% to nearly $1.60, and Solana gained 12% to about $96. Smaller tokens like FET, Pepe, and MemeCore also rallied. The total crypto market cap increased 4% to $2.6 trillion.

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Despite the rally, sentiment remains cautious-the Crypto Fear and Greed Index is still in the “fear” zone.

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Investors are now focused on Wednesday’s US Producer Price Index report and the Federal Reserve’s policy announcement. Rates are expected to hold steady, but markets will scrutinize the Fed’s updated economic projections and Chair Jerome Powell’s press conference for hints on potential 2026 rate cuts. The Bank of Japan is also set to announce its decision, with attention on whether it signals a move toward a 1% policy rate.