Bonk Price Breaks 2-Month Consolidation Amid Market Rally, What’s Next?

The cryptocurrency market began the new week with strong bullish momentum, led by Ethereum’s recent surge to $3800. In the past 24 hours, ETH’s price has increased by 22%, fueled by market excitement over the first spot Ethereum ETF. This rally has spurred notable gains across major altcoins, with Solana-based Bonk standing out as one of the top performers, recording a 33% price increase.