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Bitcoin Reaches New High, Altcoins Poised for Breakout

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by Giorgi Kostiuk

3 hours ago


Recently, Bitcoin set a new all-time high, attracting attention to altcoins, many of which are also showing positive trends. Let's look at the main developments in the crypto market.

Bitcoin Reaches Record High

Bitcoin officially reached a new record, standing at $122,540.92. In the last 24 hours, it gained +3.67%, and +12.3% over the week. The market cap of Bitcoin is currently $2.43 trillion, with a 24-hour trading volume surging 131%, hitting $103.4 billion. Market optimism is linked to the upcoming vote in the U.S. Congress on cryptocurrency-related bills.

Potential of Altcoins: BNB, XRP, and TRX

Despite Bitcoin's achievements, investor attention is shifting to altcoins.

**BNB Coin**: Currently priced at $705.38, BNB is up 2.34% in the last 24 hours and 6.5% over the week, gradually reclaiming its position after a decline.

**Ripple (XRP)**: XRP is now trading at $2.95, with a 5.78% daily increase. The increasing number of whale wallets on the platform has brought attention to this token.

**Tron (TRX)**: TRX is priced at $0.3031, rising by 0.87% and reflecting network activity.

Achievements and Prospects of New Tokens

Cryptocurrencies Hyperliquid and Sui have shown significant growth.

**Hyperliquid (HYPE)**: The current price of HYPE is $49.26, reflecting a 2.64% daily gain and a stunning 23.2% increase over the week.

**Sui**: The price of Sui has risen to $3.91, with a 13.94% increase in the last 24 hours. Higher liquidity from integration with the DeFi ecosystem attracts investors.

The situation in the cryptocurrency market reflects the volatility and potential of both leading tokens like Bitcoin and altcoins. Investors are closely monitoring news and technical signals.

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