Bitcoin Price Approaches $100K, AVAX Leads Altcoins
Bitcoin maintained its gains from the weekend, hitting a new high of $99,800 on Bitstamp before easing back to settle near $99,000.
Bitcoin’s market cap rose to $1.96 trillion, dominating the cryptocurrency market by 53.4%.
Altcoin Performance:
Most altcoins were relatively stable with minor gains and losses.
Ethereum (ETH) held above $3,600, while SOL remained above $210.
Avalanche (AVAX) was among the top altcoins, jumping 5% to $44.
Tokens like RNDR, FET, and FIL also posted strong gains of between 6% and 7%.
The total market cap of cryptocurrencies added around $30 billion in the last few hours, reaching $3.68 trillion, reflecting a positive state of activity amid new investment inflows.