BTC has strongly recovered, increasing by about $20,000 after surpassing $94,000, just over two weeks after the crash in early April. Many altcoins also surged in the last 24 hours, with ETH rising 10% and SUI nearly 30%.
BTC above $94,000
In just a few weeks, the cryptocurrency market has experienced significant volatility. BTC fell below $75,000 in early April due to the impact of U.S. tax policy.
However, the suspension of tariffs has helped the market recover. BTC gradually increased from $84,000 last weekend to over $94,000 today – the highest level since the beginning of March.
Its market capitalization has skyrocketed to $1.870 trillion on CoinGecko, while its dominance over altcoins remains strong at over 61%.
Altcoins return to the green
Altcoins have surged after a period of gloom, attracting investor attention. ETH rose 10% to $1,800, with SUI leading the way with an increase of over 27%, nearly reaching $.
Many other altcoins like ADA, DOGE, AVAX, LINK… also recorded double-digit increases. The total cryptocurrency market capitalization increased by $200 billion, surpassing the $3.050 trillion mark.
