Over the weekend, the crypto market showed positive movements, with both Bitcoin and Ethereum experiencing gains. Bitcoin managed to break the $29,000 barrier, while Ethereum soared past $18,000. These developments contributed to an overall uptrend in the cryptocurrency market.

Notably, altcoins like Litecoin and Dogecoin also followed the upward trajectory and registered modest increases in their values. However, it was Shiba Inu (SHIB), the meme-inspired cryptocurrency, that stood out among gainers, surging by an impressive 5.38% in just 24 hours. On the other hand, Toncoin faced the most significant losses during this period.