The cryptocurrency market embarks on a critical week as important economic data from the US is anticipated. Amid this uncertainty, Bitcoin and several altcoins have demonstrated positive trends.
Bitcoin and Altcoin Surge
Bitcoin (BTC) surged over 3% in the last 24 hours, surpassing $122,000 and approaching its all-time high. The last record was set when Bitcoin exceeded $123,000 on July 14.
Focus on Ethereum
Ethereum (ETH) is rising, increasing by 22% over the past 7 days and currently ranking 22nd in the global asset rankings with a market capitalization of $522.3 billion, making it more valuable than companies like Mastercard and Netflix.
Altcoin Market Achievements
The altcoin market is also demonstrating positive trends, although major altcoins remain relatively calm. Notable gains include Polyhedra Network (ZKJ) with a 78.4% increase, and ZORA with a 45.4% increase.
With economic changes on the horizon, the cryptocurrency market shows activity, with gains in both Bitcoin and some altcoins, which may signal new opportunities for investors.
