Bitcoin grabs attention again as its price surges to $88,635. The altcoin market also shows significant growth.
Bitcoin's Sharp Rise
Today, Bitcoin's price rose above $88,000, reaching $88,635. However, it soon retracted to the $87k range. This trend may suggest a further increase to $90,000.
Altcoin Growth and Notable Achievements
Following Bitcoin's surge, the altcoin market also rose. Ethereum surpassed $2,100, while Solana reclaimed the $140 mark. Among the top 10 crypto assets by market cap, Dogecoin emerged as the top daily gainer with a 5.3% increase. Other notable achievements include CRO's 28% rise.
Current Market Overview
At the time of writing, Bitcoin is trading near $87,200 with a 24-hour trading volume of $32.81 billion. The total market cap of the crypto market stands at $2.86 trillion.
The cryptocurrency market continues to display volatility and significant changes. Investors and enthusiasts are keenly watching the developments, anticipating whether Bitcoin will reach the $90,000 milestone.
