HomeMarket News

Bitcoin Surges Past $107,000 as Major Altcoins Record Moderate Gains

Bitcoin Surges Past $107,000 as Major Altcoins Record Moderate Gains

Bitcoin extended its upward trajectory to trade at $107,580, showing a 1.3 percent rise over the past 24 hours. The leading cryptocurrency climbed 3.7 percent over the past seven days, with a trading volume of $34.4 billion.

Ethereum followed suit with a 1.0 percent daily gain, pushing its price to $2,589.10 and bringing its market capitalization to over $312 billion. The second-largest crypto by market value showed a 2.8 percent rise on the weekly chart.

XRP increased 0.1 percent over the previous day to $2.38, while a trading volume of over $2.68 billion helped push its weekly gain to 7.4 percent.

BNB was up 1.4 percent to trade at $661.01, and Solana saw a 0.8 percent growth to end the day at $170.99. During the past week, Solana experienced more growth than Bitcoin, rising by 5.7 percent.

At the same time, Dogecoin increased by 2.4 percent to $0.2324 and gained 3.3 percent during the week. Cardano showed strength by rising 2.2 percent daily to $0.7607 and recording a 7.7 percent surge during the past week.

Also Read: SEC Delays XRP ETF Again—Is This a Sign of Bigger Trouble Ahead?

Strong Momentum from Lesser-Known Tokens Highlights Broader Market Activity

Several less popular coins impressed the market, with pSTAKE Finance leading the pack by soaring 122.2% to $0.07104. A new record of over $46 million in trading volume points to an increasing number of people paying attention to this token.

Efinity followed with a 101.9 percent increase, pushing its price to $0.414 despite a relatively modest trading volume. Connex stunned many today, jumping 89.5 percent and ending the day at $42.22.

Among the performers, Nobody Sausage and Moonpig showed the largest gains, with increases of 28.7 percent and 24.9 percent, respectively. These developments show a strong appetite for risk among market participants seeking returns outside the major assets.

Most crypto assets are up today, driven by Bitcoin’s progress and gains in multiple altcoins. Investors seem to be shifting slightly towards various alternatives, which helps diversify the current market.

Also Read: Tron on Edge: 99M TRX Moved to Binance Sparks Dump Fears