After pumping to $94k in a quick pump and consolidating around that level, Bitcoin price is today eying to break the $95k price mark with a strong buying pressure. Following the leader, various altcoins have gained significantly in market price with SUI stealing the show as it pumped over 26% in the past 24 hours.
The crypto market is currently seeing a notable uptrend with Bitcoin and most of the altcoins spiking ahead of the opening of last trading session of the week in the U.S. stock market. Usually, the first and last day of weekly trading sessions bring increased volatility in the crypto markets and today’s pump is a response to this.
At the time of writing, Bitcoin price is trading near $94,461 – surging with a decent gain of 2% in the past 24 hours. It has steadily increased in an uptrend which is now eying to break above $95k while clearing the way to reclaim the key milestone of $100k per BTC.
Leading altcoins like ETH, XRP and BNB have marked a daily gain of 2% while SOL, DOGE and ADA have surged nearly 4.5% in the past 24 hours.
In the top gainers, SUI is leading with gaining 26% in the past 24 hours, followed by BSV’s 25% and WIF’s 25% spikes. Other altcoins – including HNT, STX, WLD, GRT, ONDO, FET, RAY, JUP and TAO – have also pumped in double digits today.
On the losing side, none of the crypto assets are taking any loss but DEXE has slightly decreased 3% in the past 24 hours.
As per CoinMarketCap data, the global crypto market cap today sits at $2.97 trillion with a 24 hour trading volume of $93.08 billion.
Also read: Sui Token Price Surges 72% Amid Pokémon Partnership Rumors
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