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.