Crypto Market Update: Bitcoin Holds Above $108K As Altcoins Rally
Bitcoin consolidates above key $108,000 level
Bitcoin is holding its ground at $108,860.00, up a modest 0.54% over 24 hours. The relatively subdued movement represents consolidation rather than weakness, with the world’s largest cryptocurrency maintaining its elevated position above the psychologically important $108,000.00 mark.
The question now is whether Bitcoin can break through $110,000.00 to signal the next leg higher. Current price action suggests traders are taking a measured approach, perhaps waiting for fresh catalysts to drive momentum.
Ethereum leads altcoin charge
Ethereum has emerged as the standout performer, surging 2.9% to $2,630.00. This rally puts ETH back in focus as traders rotate into altcoins…
