Cryptocurrency

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Bitcoin

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Following a few days of retracements and consolidation during the weekend, bitcoin seems to be preparing for another charge toward the coveted $100,000 target.
Many altcoins have also turned green today, with AVAX skyrocketing to almost $50 and XRP reclaiming the $1.5 level.
<h2 id="is-btc-aiming-at-100k-again">Is BTC Aiming at $100K Again?</h2>
It was a highly positive trading week for BTC as the asset started last Monday at around $90,000 but quickly resumed its bull rally and shot up to a new all-time high at the time on Wednesday of $94,000. After a minor pullback, it went on the offensive again, and broke above $95,000 on Thursday.
The gains continued on Friday when bitcoin came <a href="https://cryptopotato.com/double-digit-price-surges-from-these-altcoins-as-btc-was-stopped-before-100k-weekend-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">agonizingly close</a> to $100,000. In fact, it was just $200 away from it on Friday evening, but the bears managed to defend that level and didn’t allow it to break.
The weekend went with some retracements, as the cryptocurrency <a href="https://cryptopotato.com/xlm-rally-continues-with-485-monthly-surge-btc-cools-off-to-98k-weekend-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">slipped</a> to $98,000 on Saturday and <a href="https://cryptopotato.com/500m-in-liquidations-as-bitcoin-dumps-below-96k-ripple-down-10-daily/" data-wpel-link="internal" rel="noopener noreferrer nofollow">below</a> $96,000 on Sunday evening. Nevertheless, it managed to bounce off and has neared $99,000 once again now. This has put the $100,000 speculations back on the table for today.
For now, BTC’s market cap has risen above $1.950 trillion on CG, but its dominance over the alts is down again, this time to 55.3%.
<figure id="attachment_372077" aria-describedby="caption-attachment-372077" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-372077" src="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31.png" alt="Bitcoin/Price/Chart 25.11.2024. Source: TradingView" width="1835" height="827" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31-300x135.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31-1024x461.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31-768x346.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31-1536x692.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-31-50x23.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-372077" class="wp-caption-text">
 Bitcoin/Price/Chart 25.11.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="avax-shoots-up">AVAX Shoots Up</h2>
The altcoins also registered some notable price declines on Sunday evening, but most have managed to reverse the trend. ETH is up by 2.5% and now sits above $3,450. SOL has climbed above $250 after a 1.4% daily increase. DOGE, ADA, TON, SHIB, and SUI have marked minor price gains as well.
Ripple has jumped above $1.5 once more after adding 6% since yesterday. LINK, DOT, NEAR, ICP, and BCH have also increased by substantial percentages in a day.
Avalanche’s native token is the top performer today, gaining over 14%. As a result, AVAX now sits close to $50.
The total crypto market cap has recovered most of the Sunday losses and is up to $3.550 trillion on CG.
<figure id="attachment_372084" aria-describedby="caption-attachment-372084" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-372084" src="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12.jpg" alt="Cryptocurrency Market Overview. Source: Coin360" width="1881" height="838" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12.jpg 1881w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12-300x134.jpg 300w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12-1024x456.jpg 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12-768x342.jpg 768w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12-1536x684.jpg 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot12-50x22.jpg 50w" sizes="(max-width: 1881px) 100vw, 1881px"></a>
 <figcaption id="caption-attachment-372084" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/bitcoin-btc-pushes-toward-100k-again-ripple-xrp-goes-beyond-1-5-market-watch/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Pushes Toward $100K Again, Ripple (XRP) Goes Beyond $1.5 (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin (BTC) Pushes Toward $100K Again, Ripple (XRP) Goes Beyond $1.5 (Market Watch)

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