Bitcoin Breaks $91k As Crypto Sector Expands
What’s going on here?
Bitcoin smashed through the $91,000 barrier as the entire cryptocurrency sphere saw a surge along with a boost in digital asset trading volumes.
What does this mean?
Back in the financial limelight, bitcoin hit $91,358, marking a 4.7% rise and pushing its trading volume to $44.8 billion – an 8.6% hike in just one day. The CoinDesk Market Index tracking various digital assets, including bitcoin, climbed 5.3%, highlighting a broad recovery across the crypto world. Overall crypto market value swelled to $2.84 trillion, a 4.2% increase, driven by rising interest and activity with trading volumes up 15% to $104.1 billion. Major cryptocurrencies followed suit: ethereum rallied 7.4% to $1,691, and dogecoin led altcoins…
