{"id":25974,"date":"2024-12-05T09:44:35","date_gmt":"2024-12-05T09:44:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=25974"},"modified":"2024-12-05T09:44:35","modified_gmt":"2024-12-05T09:44:35","slug":"bitcoin-skyrockets-past-100k-ethereum-eyes-4k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=25974","title":{"rendered":"Bitcoin Skyrockets Past $100K, Ethereum Eyes $4K: Market Watch"},"content":{"rendered":"

After a few weeks of being unable to challenge the $100,000 line, bitcoin\u2019s price finally shot up above that coveted level, marking a fresh all-time high.<\/p>\n

Several altcoins have followed suit, including ETH, which has jumped to above $3,900.<\/p>\n

BTC Finally Goes Beyond $100K<\/h2>\n

It has been a wild journey ever since Donald Trump won the US elections precisely a month ago. The primary cryptocurrency stood at around $68,000 at the time but started to surge in value immediately. It flew past its March all-time high and kept climbing in the following weeks to peak at $99,800 on November 22.<\/p>\n

After coming just inches away from going into six-digit territory, the bears finally came out to play and propelled a massive leg down that pushed<\/a> BTC to under $91,000 a few days later. However, the bull run was unfazed and resumed in the following weeks.<\/p>\n

Just yesterday, bitcoin jumped<\/a> from $95,000 to $99,000 and, earlier this morning finally blasted through<\/a> the six-digit milestone. Moreover, it kept climbing and tapped a fresh all-time high of $103,500.<\/p>\n

Despite trading slightly below $103,000 now, BTC\u2019s market cap has shot up to $2.03 trillion on CG. Its dominance over the alts has risen to 52.7% after losing some traction in the past week or so.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 5.12.2024. Source: TradingView<\/p>\n

ETH on the Rise<\/h2>\n

Ethereum has remained relatively out of focus due to other massive gainers in the past several weeks, such as XRP, DOGE, as well as BNB<\/a>, and TRX<\/a> as of late. However, the second-largest cryptocurrency is gaining again and has soared past $3,900 after a 5.5% daily surge.<\/p>\n

DOGE, SHIB, BCH, DOT, SUI, and CRO are the other notable price gainers from the larger-cap alts. In contrast, BNB, TRX, AVAX, XLM, HBAR, and TON have dropped today, and so has XRP, which is somewhat surprising<\/a> given Trump\u2019s pick for the next SEC chair.<\/p>\n

Nevertheless, the total crypto market cap saw a record<\/a> of its own at well above $3.850 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Bitcoin Skyrockets Past $100K, Ethereum Eyes $4K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After a few weeks of being unable to challenge the $100,000 line, bitcoin\u2019s price finally shot up above that coveted level, marking a fresh all-time high. Several altcoins have followed suit, including ETH, which has jumped to above $3,900. BTC Finally Goes Beyond $100K It has been a wild journey ever since Donald Trump won […]<\/p>\n","protected":false},"author":0,"featured_media":25975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25974"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25974"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/25974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/25975"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}