Bitcoin’s rally carries on with full momentum as the asset surged past the $87,500 mark today — for only the second time this month. This marks a new phase in the recovery following recent lows.
After hitting a multi-month low below $75,000 two weeks ago, Bitcoin has been steadily regaining lost ground. On April 11, it surpassed the $80,000 threshold and hasn’t looked back since.
The previous trading week was relatively calm yet optimistic, with BTC consolidating between $84,000 and $86,000. However, early Monday’s Asian trading session brought a dramatic change: Bitcoin spiked above $87,600 — its highest value since April 2 and the second significant push forward this month.
While Bitcoin grabs the spotlight, altcoins are following suit. Ethereum broke through the $1,600 resistance and is now trading about $50 higher after a 3.3% daily gain. XRP rose above $2.10 with similar momentum.
DOGE and ADA also showed solid gains of around 3–4%. Even more impressive daily increases came from larger-cap coins like LINK, AVAX, XLM, SUI, HBAR, PEPE, APT, LTC, and others.
Among lower-cap assets, STX stood out with a 14% gain since yesterday, while INJ climbed 8%.
The total crypto market cap has jumped over $80 billion in the past 24 hours, reaching an impressive $2.855 trillion, according to CoinGecko
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