Crypto Price Today: Bitcoin trades near $100K, Altcoins see mixed reactions🔥
Bitcoin surged above $100,000, maintaining upward momentum with a 3% increase, trading at $102,080. Ethereum rose by 1% to $3,671. Major altcoins showed mixed results. Bitcoin's resistance at $99,400 needs overcoming to surpass $100,000, while experts predict a bullish short squeeze above $101,000. The global crypto market cap increased by 0.53%, reaching $3.52 trillion.
Bitcoin continued its steady climb on Monday, trading just below the $100,000 mark. This key level has been a challenge for Bitcoin to cross over the past two weeks, keeping traders focused on its next move.
Bitcoin was trading at $102,034, up .3%, with an intraday high of $99,560. Meanwhile, Ethereum rose by 1%, trading at $3,671.
Other major altcoins showed mixed performance. Solana, Dogecoin, Sui, Hedera, and Tron were down by up to 1%, while XRP, Cardano, Avalanche, Chainlink, and Polkadot were trading higher. The global crypto market cap increased by 0.53%, reaching $3.52 trillion.
Bitcoin is trading close to $99,000, maintaining its upward momentum. For Bitcoin to break past the $100,000 milestone, it must overcome resistance at $99,400, while support stands at the $96,000 mark, as per the experts.
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