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🚨🚨Crypto Market Surge: Bitcoin Soars to $100K!😱😱
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The cryptocurrency market is experiencing a sharp rally today, with Bitcoin (BTC) breaking the $100,000 barrier for the first time since February. Ethereum (ETH) is also following suit, surpassing the $2000 mark. This surge is not limited to just Bitcoin and Ethereum; altcoins like XRP are climbing with an impressive 5% increase.
In the past 24 hours, the overall market capitalization is up by 5%, with trading volume soaring by 57.7%. Notably, tokens like Brett, Pudgy, and Virtual have seen a 37%, 35%, and 34% increase respectively. Even memecoins such as Pepe and Fartcoin are showing strong growth, up by 24% and 23%.
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Top Trending Cryptos
(Source: CoinMarketCap)
Bitcoin: $100K+
Ethereum: $2,000+
XRP: +5%
Pepe: +24%
Fartcoin: +23%
Dogewifhat: +20%
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3 Reasons Behind the Crypto Market Surge:
1. Bitcoin Leads the Charge
Bitcoin's rally above $100,000 has sparked a bullish trend, pushing the total crypto market cap to over $3 trillion. This surge is also driving Ethereum and other leading tokens to record gains of 5% or more.
2. Federal Reserve Holds Rates
The Federal Reserve's decision to maintain interest rates between 4.25%–4.5% has injected confidence into the market. Fed Chair Jerome Powell acknowledged concerns over inflation, prompting many investors to turn to cryptocurrencies as a safer bet.
3. US-UK Trade Deal Boosts Market Sentiment
A major US-UK trade deal has further fueled optimism. The agreement includes tariff reductions, market access improvements, and changes to the UK’s digital services tax. This positive news has enhanced sentiment across all markets, especially cryptocurrencies.
#TradeOfTheWeek #CryptoComeback #BTCBackto100K #BTCtrade #TradeStories $BTC $ETH $XRP
