Why is the Crypto Market Up today?

The cryptocurrency market rallied sharply on Thursday, with Bitcoin (BTC) surpassing the $100,000 milestone for the first time since February. Following Bitcoins path Ethereum ( ETH ) also crossed the $2000 mark. With the top two tokens showing great strength XRP is also climbing up with a 5% hike.

The overall market cap is already 5% up and trading volume has increased by 57.7% in the last 24 hours. Speaking of other tokens: Brett, Pudgy and Virtual have taken the lead for table top positions with 37%, 35% and 34% jumps respectively.

Notable memecoins like Pepe and Fartcoin have also hiked 24% and 23%. Followed by Dogewifhat ( WIF)  aiming for $1 with 20% gains for today.

3 Reasons Why Crypto Is Up?

Let’s have a look at why the market…

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