Crypto Price Today (June 3): Altcoins Recover as Bitcoin Tops $106K; XRP, SOL Spike 4%
The cryptocurrency market is riding on an optimistic wave today, with Bitcoin (BTC) topping past the $106,000 mark while recovering from the Monday pressure. This decent surge in the leading cryptocurrency has fueled optimism across the altcoins sector, with Ripple (XRP) and Solana (SOL) taking a lead while surging over 4% today.
Bitcoin is currently reflecting a modest gain of 1.6% in the past 24 hours, with a trading volume of $47.26 billion. This reversal comes after a sharp pull back, with Bitcoin dropping from the weekly high of $108,900 to as low as $103,261 on 31 May. Analysts suggest Bitcoin’s current rally is driven by institutional buying and growing market confidence, though some warn of a possible correction to $100,000…
