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Bitcoin Hits $99,000 as SUI Reaches New High

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by Giorgi Kostiuk

a year ago

In the past 24 hours, bitcoin and altcoins have shown a significant rise. Bitcoin reached a multi-week peak of $99,000, while SUI set a new high exceeding $5.

Bitcoin's Rise

Since mid-December, bitcoin was below $100,000. However, recent days have seen a gradual increase. On December 31, it reached $96,000 but then fell to $93,000. With the new year, it rose to $97,000 and recently hit $99,000 before dropping back to $97,000.

Altcoin Price Increases

Many altcoins displayed growth in the last 24 hours. ETH surged above $3,500, DOGE rose by 14% reaching nearly $0.39. SUI notably increased by 17% and set a new all-time high over $5.

Overall Cryptocurrency Market

The total crypto market cap climbed by $100 billion and is now $3.640 trillion. Bitcoin's market dominance has decreased to 53.3%.

The rise in bitcoin and altcoin prices highlights the positive sentiment in the crypto market. However, investors should remain cautious and pay close attention to future developments.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.