🔥🔥🔥 #bitcoin☀️ Nears All-Time High as #Dogecoin #rockets 15% in Daily Surge
Crypto Market Surges to $2.5 Trillion as Bitcoin Nears All-Time High
- The #cryptocurrencymarket saw impressive growth in the last 24 hours, pushing its total market cap to $2.5 trillion. Gains were widespread, with Bitcoin ($BTC ) leading the charge as its price surged past $71,000, bringing it close to setting a new all-time high.
Bitcoin Bulls Push for New Record
- Bitcoin has rallied steadily over the past day, recording 12 consecutive green hourly candles. BTC is now trading above $71,000—a level not seen since June—driven by strong buying momentum as investors eye a new peak.
- This surge comes just days before the U.S. Presidential election on November 5. While both candidates have shown some support for the crypto sector, Donald Trump has made bolder promises, such as proposing to eliminate taxes and add tariffs on U.S.-developed tokens. The election's outcome is expected to further influence the market.
- Altcoins are also showing strong performance today. Major tokens, including $ETH , $BNB , SOL, XRP, LINK, APT, TAO, and ICP, have seen gains between 1% and 5%.
- Dogecoin, the top meme coin, stands out with a 15% surge, outperforming most of the market. Other meme coins, like PEPE and the cat-themed POPCAT, are also on the rise, gaining over 6% and 12%, respectively, in the past day.
