Crypto Markets Today: BTC Reclaims $111K, ETH Tops $4K After Last Week’s Sell-Off

Why It Matters

8%) suggests investors remain tilted toward Bitcoin, leaving markets vulnerable if volatility returns.

Summary

Bitcoin and ether rebounded Monday, with BTC trading near $111,000 and ETH back above $4,000 after last week’s $500 billion sell‑off, sparking a broader market lift that drove LINK up 14% and FLOKI 27%. Derivatives flows show persistent bullish conviction—BTC options feature a heavy call concentration at the $140K strike with about $2.4 billion notional exposure, total Bitcoin options open interest at a yearly high (427,746 contracts) and similar call skew in ETH into late‑Dec expiries. Despite the bounce, altcoin strength is uneven (altcoin season index 26/100) and rising BTC dominance (58.8%) suggests investors remain tilted toward Bitcoin, leaving markets vulnerable if volatility returns.