The overall crypto market has reached its highest valuation in more than 18 months. After remaining relatively stable below $39,000 over the weekend, BTC experienced a significant surge on Monday morning, surpassing $40,000 and reaching a 19-month peak at $42,102. This upward momentum has also influenced alternative cryptocurrencies, with Ethereum rising to over $2,274, and some tokens related to Terra displaying notable double-digit price increases.