$BTC
Bitcoin Rockets Past $90,000 Barrier
BTC Climbs Above $90K for First Time Since Early March, Signaling Renewed Strength
Bitcoin has powered through the $90,000 threshold once again, marking the first time it’s traded at such lofty levels since March 7. Over the last 24 hours, BTC has surged by 3.3%, pushing its weekly gains to an impressive 7.3%.
Investor confidence in Bitcoin appears to be on the rise, with BTC’s market share, or “dominance,” climbing to 61.6%. This figure hit a four‑year high today, underscoring Bitcoin’s outperformance against the broader altcoin market.
Meanwhile, altcoins haven’t been left behind. Ethereum posted a 1.5% uptick, XRP edged up 1%, and both Solana and Dogecoin enjoyed robust advances of nearly 4% each.
The rapid price movement has also rattled derivatives traders: roughly $320 million in positions were liquidated during the rally, with short positions accounting for approximately $190 million of that total.
As Bitcoin reclaims its spot above $90,000, market watchers will be keen to see if this momentum can carry through the rest of the week.
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