Crypto Price Today: Bitcoin breaks above $97,000; XRP, Cardano surge by up to 11%

Bitcoin extended its rally on Friday, briefly surpassing the $97,000 mark as the cryptocurrency moved towards the critical $100,000 resistance level. This level has proven difficult for Bitcoin to breach over the past two weeks.

At 11:49 am IST, Bitcoin was trading at $96,777, up 1.5%, with an intraday high of $97,739. Meanwhile, Ethereum rose by 1.6%, trading at $3,452.

Other major altcoins also saw notable gains. XRP climbed by 3.6%, Solana rose by 2.7%, Cardano surged an impressive 11.5%, and Stellar increased by 9%. The global crypto market cap grew by around 1.5%, reaching $3.41 trillion.

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