Bitcoin surged to $99,209.58, igniting a powerful rally across the entire cryptocurrency market. The coin rose by 2.5% over the past 24 hours, with a notable 4.5% gain for the week.
Investor confidence strengthened as Bitcoin’s trading volume exceeded $70 billion during the latest market session. This bullish momentum pushed Bitcoin within striking distance of the highly anticipated $100,000 milestone.
Ethereum followed closely, climbing 4.3% in 24 hours to reach a price of $1,913.08. The second-largest cryptocurrency also posted a 5.9% weekly gain, backed by strong trading activity.
Ethereum’s daily volume crossed $54 billion, further signaling increased investor participation and renewed optimism. Market players continued to rotate funds into high-performing assets, driving up values significantly.
Also Read: Shibarium Explodes With 4.3M Daily Transactions as SHIB Price Surges
XRP added to the rally, recording a 2.2% gain in 24 hours to reach $2.18. Although its seven-day increase stood at 0.7%, it maintained strong momentum within the broader uptrend.
BNB also showed resilience, climbing to $614.04 after gaining 1.4% in the last 24 hours. The coin’s total market capitalization remained close to $90 billion, reflecting consistent investor demand.
Solana posted a solid 3.3% daily increase, bringing its price to $151.27 as it benefited from renewed interest. Its weekly performance improved to 1.7%, supported by bullish trading behavior.
Altcoins Lead Intraday Rally With Sharp Surges
Lesser-known altcoins outpaced the broader market with aggressive short-term movements and increased volume. Agent Ted (TED) exploded by 114.7%, reaching $0.03773 on $1.2 million in daily trading activity.
REVOX (REX) advanced by 55.9% to $0.04153, driven by more than $33 million in volume. Mog Coin (MOG) jumped 39.9% to $0.069077, with over $72 million changing hands.
Balance (EPT) followed with a 31.8% surge, climbing to $0.01159 alongside a $67 million volume spike. These tokens drew notable attention from short-term investors seeking fast-moving opportunities.
Bitcoin’s approach to $100K has energized the entire crypto market, lifting top assets and altcoins alike. With trading activity surging, bullish sentiment appears to be strengthening across all major segments of the space.
Also Read: Ripple vs. SEC: Here’s Why Today is Very Important for the XRP Lawsuit