{"id":33816,"date":"2025-01-07T09:53:38","date_gmt":"2025-01-07T09:53:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=33816"},"modified":"2025-01-07T09:53:38","modified_gmt":"2025-01-07T09:53:38","slug":"crypto-markets-add-100-billion-as-bitcoin-btc-soared-to-18-day-peak-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=33816","title":{"rendered":"Crypto Markets Add $100 Billion as Bitcoin (BTC) Soared to 18-Day Peak (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price remained below $100,000 for nearly three weeks, but the asset shot into six-digit territory yesterday and tapped a yearly peak of over $102,500.<\/p>\n

The altcoins are also in the green today, with DOGE nearing $0.4 and XRP at $2.45.<\/p>\n

BTC Jumped Past $102K<\/h2>\n

The last two Mondays were massively different in terms of BTC price actions. On December 30, the cryptocurrency plunged<\/a> from $94,000 to a monthly low of $91,300. However, it recovered a lot of ground in the following days, especially since the start of the new year.<\/p>\n

It managed to challenge<\/a> $100,000 on a couple of occasions since January 4 but ultimately failed and was pushed south by a few grand. However, that changed yesterday as the bulls took complete control of the market and initiated an impressive leg-up that resulted in BTC breaking past<\/a> $100,000 for the first time since December 19.<\/p>\n

The asset kept climbing in the early Tuesday morning Asian hours and jumped to an 18-day peak of $102,700 (on Bitstamp) amid the massive BTC ETF inflows. However, it failed to maintain its run and has retraced by about $1,000 since then.<\/p>\n

Nevertheless, bitcoin is more than 2.5% up on the day, and its market cap has soared to over $2 trillion once again. Its dominance over the alts has also increased to 53.8% on CG.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

ADA Rises 5%<\/h2>\n

Most alternative coins have charted gains over the past day. XRP, DOGE, and TRX have added similar percentages as BTC and now trade close to $2.45, $0.395, and $0.27, respectively.<\/p>\n

Cardano\u2019s native token has jumped by 5% and now sits at around $1.13 amid predictions<\/a> about future price rallies. HBAR has added almost 7% of value and trades well above $0.3.<\/p>\n

The cumulative market capitalization of all crypto assets has added approximately $100 billion in a day. The metric is up to $3.750 trillion after bottoming beneath $3.4 trillion last week.<\/p>\n

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

The post Crypto Markets Add $100 Billion as Bitcoin (BTC) Soared to 18-Day Peak (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price remained below $100,000 for nearly three weeks, but the asset shot into six-digit territory yesterday and tapped a yearly peak of over $102,500. The altcoins are also in the green today, with DOGE nearing $0.4 and XRP at $2.45. BTC Jumped Past $102K The last two Mondays were massively different in terms of […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33816","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33816"}],"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=33816"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33816\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}