Bitcoin is on track to break the $100,000 mark, and this growth has triggered a rally among other cryptocurrencies, known as altcoins. Ethereum, the second-largest cryptocurrency, has climbed to $3,424.59 and has increased by 7.83% in a week. Solana’s price reached $264 on Friday, and Dogecoin climbed by 15.12% in a week.
XRP increased by over 180% in a month, while Cardano experienced the highest gains of 36.81%. Avalanche, Tron, and Stellar also saw significant gains, while Kusama was the biggest gainer over the past 24 hours. This positive movement in Bitcoin’s price has led to increased gains for many altcoins.
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