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Bitcoin and Altcoins: Current Trends in the Crypto Market

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to show positive trends, with Bitcoin surpassing the $117,000 mark and solid growth among altcoins.

Bitcoin and Altcoins Show Strong Performance

Bitcoin (BTC) surged past the $117,000 mark in the last 24 hours, gaining 5.6%. Over the past week, its total gain was 7.8%. Ethereum (ETH) followed suit, rising 6.0% to trade at $2,986.80, recording an impressive 16.7% increase over the week. XRP (XRP) gained 5.7% in the last 24 hours, reaching $2.57, and posted a 14.7% rise for the week.

Meme Cryptocurrencies on the Rise

Meme coins also showed significant growth, particularly Dogecoin (DOGE), which advanced to $0.1965 with a 24-hour gain of 8.2% and a 16.5% increase over the week. TRON (TRX) and Lido Staked Ether (STETH) also closed the day positively.

Crypto Market Maintains Bullish Trend

The cryptocurrency market maintained a bullish tone, with BTC leading major assets in both price and momentum. Mid-cap altcoins and meme tokens showed exceptional daily returns, indicating strong market participation.

The cryptocurrency market continues to grow, maintaining optimism among investors, with significant gains seen in both Bitcoin and altcoins. The interest in meme cryptocurrencies also indicates a diversity in investor preferences.

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