Bitcoin hits $87 as crypto prices rise

Bitcoin and major cryptocurrencies saw significant gains in Monday’s early trading, with Bitcoin reaching approximately $87,480.

This represents a 3.71% increase. Ethereum also experienced a notable rise, climbing 4.05% to trade at $2,093.

The overall cryptocurrency market capitalization increased by 2.94% over the past 24 hours, now standing at $2.84 trillion.

The market’s positive momentum prevailed despite looming concerns regarding upcoming U.S. tariffs and the anticipated release of key economic data later in the week, suggesting strong investor confidence within the crypto sector.

Other notable performers included XRP,…

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