[Market Update] Cryptocurrency Market Surges… Bitcoin Hits All-Time High, Altcoins Rally Together
Summary
- It was reported that Bitcoin has risen by over 5% and is trading in the $116,000 range.
- Major altcoins such as Ethereum and Cardano also showed strong performances, with Sui in particular soaring by 14%.
- Many coins, including Dogecoin, Ripple, and Solana, also recorded gains, showing that the overall market is strong.
The virtual asset (cryptocurrency) market is showing an overall upward trend. Bitcoin (BTC) has risen by more than 5% compared to the previous day and is trading in the $116,000 range. Major altcoins such as Ethereum (ETH), Cardano (ADA), and Sui (SUI) are also showing strong performances.
As of 7 a.m. (KST) on the 11th, according to the global cryptocurrency exchange Binance, Bitcoin is trading at $116,686.14, up 5.17%. Ethereum, the leading altcoin, has soared 8.82% to trade around $2,995, and during the day, it briefly touched the $3,000 mark for the first time in about five months.
Sui (SUI) showed the highest rate of increase among the major altcoins. On this day, Sui surged about 14% from the previous day, reaching $3.48. Cardano (ADA) also jumped 8.19% from yesterday, recording about $0.67.
Dogecoin (DOGE) increased by 6.33% to $0.19, Ripple (XRP) is trading at $2.5525, up 5.82%. Stellar Lumens (XLM) climbed 5.94% to $0.305. Solana (SOL) rose 4.66% to $164, Binance Coin (BNB) gained 2.69% to $685.55. Tron (TRX) showed a comparatively smaller rise of 1.03%, trading at $0.293.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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