Bitcoin Surges Past $85,000 Amid Crypto Rally
Bitcoin prices soared above $85,000 for the first time since tariffs were enacted on March 4, 2025, drawing in substantial investor optimism and pushing several altcoins into the green.
As the market responded positively to comments from the Federal Reserve, the global crypto market capitalization reached $2.81 trillion, marking a 3.39% increase over the past day. The overall trading volume surged by 45.34%, hitting $104.4 billion.
XRP, Uniswap (UNI), and Bonk (BONK) topped the charts, with XRP witnessing a notable 7.5% rise to $2.46. The significant gains in these altcoins were largely attributed to Ripple CEO Brad Garlinghouse’s announcement that the US Securities and Exchange Commission (SEC) would no longer…