Bitcoin has maintained its price stability at $61,000, marking a modest increase of 0.8% from the previous day, amidst a notably tranquil period in the cryptocurrency market. After consolidating around $60,000 recently, bullish momentum pushed Bitcoin's price slightly higher, with transaction volumes remaining subdued over the weekend. Currently, Bitcoin commands a market dominance of 50.8%, while Ethereum holds approximately 17% of the total market share.

Over the past 24 hours, major altcoins have largely traded flat, with TON being a standout gainer, surging by about 2% due to a substantial rise in total value locked within its protocol. Concurrently, meme coins themed around cats have surged in popularity, collectively rising by more than 6% according to CoinGecko. Notable performers include Mog Coin (MOG) and Popcat (POPCAT), which have seen impressive gains of 43% over the past week alone.

Market sentiment has notably improved, as indicated by the Crypto Fear and Greed Index, a widely referenced metric for gauging investor sentiment. The current calmness observed in the cryptocurrency market serves as a welcome contrast to recent bouts of volatility, providing reassurance to investors navigating these dynamic markets.

The resurgence in interest towards meme coins signals growing investor confidence and a willingness to explore higher-risk assets for potential substantial returns. This shift reflects a broader maturation of investor strategies within the cryptocurrency space, where both stability and speculative interests play pivotal roles in shaping market dynamics.

Bitcoin's sustained stability at $61,000, coupled with the market's favorable sentiment and the resilience of altcoins like TON, underscores a period of consolidation and potential accumulation among investors. As the market continues to evolve, maintaining stability amid fluctuating trends remains crucial for sustaining investor trust and fostering broader market resilience.