Bitcoin's price resurgence, reclaiming levels above $66,000 for the first time in a week, has sparked a broader uptrend across the cryptocurrency market, with altcoins posting minor gains in the past 24 hours. Among these, NEAR Protocol's native token stands out as one of the top performers, surging by about 8% and approaching the $7 mark.

Bitcoin's Gradual Recovery: Following a tumultuous period, Bitcoin has gradually regained momentum over the past week, culminating in a surge to almost $67,000 last Monday. However, geopolitical tensions and other external factors briefly pushed the asset below $60,000 on multiple occasions before the highly-anticipated fourth halving event. Despite these challenges, Bitcoin quickly rebounded, reaching around $65,000 ahead of the halving. Since then, it has continued its upward trajectory, spiking above $66,000 earlier today to mark a weekly peak.

Altcoins Follow Suit: Ethereum, the second-largest cryptocurrency by market cap, has reclaimed the $3,200 level, posting a 1% gain in the past 24 hours. Binance Coin (BNB) has surged by over 4%, surpassing $600. Other altcoins such as SOL, XRP, ADA, AVAX, DOT, and LINK have also seen positive movements, contributing to the overall market recovery.

NEAR Protocol's Strong Performance: NEAR Protocol's native token has emerged as one of the standout performers among larger-cap altcoins, experiencing an 8% increase in value over the past 24 hours and approaching the $7 mark. This surge highlights investor confidence and interest in NEAR's underlying technology and ecosystem.

Market Outlook: The total cryptocurrency market cap has surged by another $40 billion overnight, surpassing $2.55 trillion on CoinGecko. Bitcoin's dominance over the altcoins has risen to 51%, reflecting its position as the leading cryptocurrency.

As Bitcoin continues to set the tone for the broader market, investors will closely monitor its price movements and market sentiment, while keeping an eye on notable performers like NEAR Protocol amid the ongoing market recovery.