Yesterday, the most valuable cryptocurrency, BitcoinIt gained momentum and crossed the $100,000 mark. The asset recorded gains of 4% driven by US inflation data, before falling again. until Altcoins grow: XRP crossed $3, while Solana regained the $200 level.
According to data from CoinMarketCapBitcoin is trading at $99,384 this morning, up 2.5% in 24 hours.
Despite the crypto asset’s gains, on-chain transactions are down 37% from last week’s peak, indicating potential downside risks. Additionally, spot Bitcoin ETFs registered 209 Millions of dollars in outflowsThis dampened some of the upward momentum.
Altcoins are flying
Bitcoin saw a strong increase, but the altcoin sector outperformed, rising by 8.61%. Ripple (XRP) e Stellar (XLM) The stock led the rally, rising 12% and 14%, respectively.
The Ripple token has crossed the $3 mark, driven by speculation about blockchain’s role in financial innovation during the Trump administration and the potential conclusion of Ripple’s long-running legal battle with the Securities and Exchange Commission.
XRP Super BlackRock
Not only that, XRP has reached a market cap of $176.4 billion, surpassing that of XRP. Black Rockthe world’s largest asset manager.
It is currently trading at $3.09, up 7.20% in 24 hours. On the weekly chart, it has made a strong gain of 32%, while on the monthly chart it is positive with an increase of 18%.
In addition to analyst Ali Martinez partner Data coming from saintindicating an increase in whale activity on XRP, with more than 341 transactions It exceeded one million dollars in the last 24 hours.
A strong accumulation of whales is usually a bullish signal and predicts strong price movements.
Solana reaches the $205 threshold
Solana (SOL) also posted a strong performance. The asset registered a 9% increase, recovering the $200 threshold and reaching $205. Supporting the rise of SOL has been the increase in on-chain activity and rapid adoption of existing projects On artificial intelligence within its ecosystem.
The polygon is approaching a new milestone
Polygon (POL) It recorded a 5% increase, rising to $0.48, driven by growing demand for Layer 2 solutions. According to him According to analysts, POL may soon break the $0.50 resistance level if the uptrend continues.
It is currently trading at $0.46 with a gain of 3.5% in 24 hours.
The price of Bitcoin could reach $300,000
According to market survey behavior and Hashkey GroupBitcoin can touch $300,000 this year.
The Hong Kong-based digital asset firm attributes the assets’ potential rise to increasing institutional capital inflows and growing adoption by traditional financial entities.
The report, which collected data from nearly 50,000 community members, shows how Wall Street is showing a growing interest in cryptocurrency assets. In fact, major banks and institutions are integrating cryptocurrency services.
HashKey President Dr. Xiao Feng talked about one ‘Extraordinary growth’ For the crypto market. The company expects the total market value to reach The 10,000 billion dollars The end of the year, a significant increase from the current figure of 3.64 trillion, according to CoinGecko data.
The role of Bitcoin k “digital gold” He remains central to this novel. Despite the recent correction with capital outflows by institutional investors, the most valuable cryptocurrency has rebounded recently. Threshold of $100,000, Driven by inflation data And give it Macroeconomic updates.
HashKey also predicts the growth of Ethereum, which is what it could become “digital oil” With assets that can reach To $8,000 by the end of the year. Additionally, products like ETFs, security tokens, and central bank digital currencies could bring $3 trillion of new capital to the market.
The report highlights that institutional confidence in crypto assets has increased following the approval of Bitcoin Spot ETFs in the US and initiatives such as Accurate strategywhich has diversified its treasury into cryptocurrencies.
Globally, some countries are considering including Bitcoin among their national reserves, a decision that reinforces the bullish outlook for the asset.
For example, New Hampshire and North Dakota have passed laws to create strategic reserves of Bitcoin. In the past, Ohio has also proposed adding Bitcoin to its treasury reserves.
The post Mercato crypto in verde: Bitcoin supera i 100.000 dollari, XRP raggiunge i 3 dollari first appeared on Investorempires.com.