Crypto News

Bitcoin Approaches $100K While AVAX Leads Altcoins

Bitcoin extended its impressive rally over the weekend, reaching a new all-time high of $99,800 on Bitstamp before a slight pullback to stabilize near $99,000.

The cryptocurrency giant's market capitalization surged to $1.96 trillion, securing a 53.4% dominance in the crypto market.

Altcoin Performance Highlights:

Most altcoins experienced minor fluctuations, maintaining relative stability.

Ethereum ETH stayed strong above $3,600, while Solana SOL held steady above $210.

Avalanche AVAX outperformed other altcoins, climbing 5% to $44.

Other notable gainers included Render Token RNDR, Fetch.ai FET, and Filecoin FIL, which posted gains between 6% and 7%.

The total cryptocurrency market capitalization saw a $30 billion increase, now sitting at $3.68 trillion, driven by renewed investor interest and positive market sentiment.

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