Crypto Market Inches Higher As Bitcoin Nears US$100K; MOG And EOS Lead Altcoin Surge
The global cryptocurrency market edged up 1.86% in the last 24 hours to reach a total market capitalisation of US$3.04 trillion, buoyed by steady gains in Bitcoin (BTC) and a strong rally among select altcoins.
Bitcoin, the world’s largest cryptocurrency by market cap, is trading at US$98,616.56, up 2.19% on the day as it inches closer to the psychological US$100,000 mark. Ethereum (ETH) also posted modest gains, rising 1.07% to US$1,843.30, helped by positive sentiment following the live launch of Ethereum’s Pectra upgrade, which boosts network scalability and usability.
Among the standout performers in the altcoin space, MOG surged 38.09% to US$0.068965, while EOS climbed 17.92% to US$0.8213. KAITO…