$BTC $ETH
The cryptocurrency market is witnessing a significant rise today. According to CoinMarketCap, the global market capitalization of cryptocurrencies increased by 4.83% in the last 24 hours, reaching 2.85 trillion dollars. The total trading volume also rose by 17.82% to 104.22 billion dollars.
Some notable highlights observed:
* Rise in Bitcoin price: The price of Bitcoin surpassed the $90,000 level for the first time in over a month.
* Strong performance of some altcoins: Some coins like MAGIC, AUDIO, BOBA, NKN, and SPA have seen significant price increases.
* Increase in trading volume: There is a noticeable increase in trading volumes for most major cryptocurrencies, including Bitcoin and Ethereum.
* Positive impact of certain news: Some news such as Trump's plans to create a strategic reserve for cryptocurrencies and bullish predictions from analysts like Standard Chartered may have a positive impact on the market.