Bitcoin Surges as Market Sentiment Improves, Altcoins Face Exploit Fears

Tuesday's crypto market is exhibiting resilience, with bitcoin (BTC) rising to $76,500, marking a 1% increase since midnight UTC. The price momentarily surged to approximately $77,000 at 9:45 a.m. before encountering a wave of spot sellers likely guarding against a potential breakout above Friday's peak of $78,300. Meanwhile, Ether (ETH) trailed behind bitcoin, posting a modest 0.3% gain to $2,320, as investors remain wary of altcoins following the $290 million KelpDAO exploit over the weekend. The ongoing conflict in Iran continues to influence price movements, with the impending visit of the U.S. vice president to Pakistan for peace talks potentially leading to a decrease in oil prices and a subsequent boost to risk assets. U.S. stock index futures have risen, indicating a return to a risk-on market sentiment.