Bitcoin has once again surpassed the $100,000 mark, driving the entire crypto market upward. Let's see how this has affected other cryptocurrencies and what new projects are emerging.
Bitcoin and Crypto Market Growth
On Wednesday evening, Bitcoin's price exceeded $100,000, marking a 6% increase over last week's figures. This pushed the entire crypto market upward, recovering losses from earlier in the week. The total market value reached $3.49 trillion, showing a 3.54% rise compared to yesterday. This is attributed to positive news for the U.S. economy and the crypto market as a whole.
XRP Breakthrough on the Crypto Scene
XRP, in particular, has shown a 30% increase over the last month. This has led to speculation among investors that it may even surpass Ethereum in market capitalization. Such changes were driven by both positive economic indicators and growing interest in digital assets.
New Projects: Wall Street Pepe and Solaxy
Amid the rise of major cryptocurrencies, projects like Wall Street Pepe and Solaxy have drawn particular attention from investors. Wall Street Pepe has already raised nearly $50 million in its presale phase, due to its ambition to create a strong investor community. Meanwhile, Solaxy has closed over $10 million and offers solutions for Solana users facing scalability issues.
The cryptocurrency market has shown significant growth, and new projects like Wall Street Pepe and Solaxy may play important roles in the future market. However, it is important to remember the risks associated with investing in cryptocurrencies, especially at the presale stage.
