As of now, the cryptocurrency market is witnessing a surge in a bull market, as the two leading cryptocurrencies, the pioneering crypto asset Bitcoin (BTC) and the leading altcoin Ethereum (ETH), are both experiencing significant bullish price increases. Specifically, Bitcoin's price is rapidly moving towards the $100,000 target, while the ETH price is approaching the $2,000 price target. Currently, Bitcoin's price has surpassed $95,500 and is nearing $100,000.

Bitcoin's price is rapidly moving towards the $100,000 target.

According to analysis from CoinMarketCap, Bitcoin (BTC) is currently priced over $99,700 and is steadily progressing towards the $100,000 six-figure price target. Additionally, the asset's total market capitalization is $1,980,755,451,843.06, with a 24-hour trading volume of $53,533,206,795.5. BTC's price is also less than 9% away from its previous all-time high (ATH) of $109,114.