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Why Bitcoin and altcoins are going up (June 12)

Why Bitcoin and altcoins are going up (June 12)

The crypto market is rallying today, with Bitcoin price rising to $63,450, up from this weekend’s low of $59,090. The market capitalization of all tokens rose by 1.1% in the last 24 hours to $2.17 trillion, with the top gainers being Stargate Finance (STG), Humanity, Audiera, Venice Token, and Curve DAO, which jumped by over 10%.

Crypto market rally triggered by Trump Iran assurance

Bitcoin and most altcoins are rising today, mirroring the performance in the stock market. The Dow Jones Index jumped by over $1,000 on Thursday, while the Nasdaq 100 and S&P 500 rose by over 1.75%.

Similarly, the US Dollar Index (DXY) dropped to $99.7, while the VIX Index retreated by double digits. In a statement on Thursday, President Donald Trump said…

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