The crypto market is soaring as Bitcoin hits a new all-time high near $112,000, pushing up other major coins like Ethereum, Solana, and Dogecoin.
This rally shows growing investor confidence, fueled by better economic conditions and a return to riskier investments. Bitcoin’s rise is lifting the entire crypto market, creating excitement for investors.
Bitcoin, the biggest cryptocurrency by market value, hit a record price of $111,808, according to CoinGecko, after crossing $110,000 on Wednesday. It’s up 4.5% in the last 24 hours and 22% over the past month.
This comes after a drop below $75,000 in April, when President Trump’s trade policies, especially tariffs, worried investors. Now, with new trade deals calming those fears, people are investing in risky assets like crypto and stocks again. Bitcoin’s climb is leading the way, showing no signs of stopping.
Other major coins are doing even better than Bitcoin in daily gains. Ethereum, Solana, and Dogecoin have each jumped about 7% in the last 24 hours.
Ethereum is now at $2,662, with a huge 56% gain over the past 30 days. It’s popular for its role in apps and smart contracts, and Bitcoin’s success is helping it grow.
Solana, priced at $179, is up 24% this month. Its fast blockchain makes it a strong player in finance and digital collectibles.
Dogecoin, the meme coin, is at $0.242, up 41% in the last month. Its rise shows how much retail investors love it, especially when Bitcoin does well.
Looking at the top 100 coins, some are seeing big jumps. Worldcoin (WORLD) is up 36% after announcing a $135 million token sale on Wednesday. This coin, focused on digital identity, is getting a lot of attention.
Hyperliquid’s HYPE token, tied to a decentralized exchange, is up 23%, showing interest in new finance platforms.
Fartcoin, a meme coin, climbed 17%, riding the wave of excitement in the market. These gains show how Bitcoin’s success is boosting smaller coins too.
Several factors are driving this crypto boom. Less worry about trade wars has made investors more comfortable with risky assets.
Bitcoin’s role as the crypto market’s leader is key, as its price sets the tone for others. Big investors, everyday traders, and better global economic conditions are all helping this rally. But the crypto market can be unpredictable, and things like new regulations or economic changes could affect it.
Bitcoin’s record-breaking run is exciting the entire crypto market. Ethereum, Solana, Dogecoin, and others are seeing strong gains, both daily and monthly, as Bitcoin leads the charge.
Whether this upward trend will continue is uncertain, but for now, the market is buzzing with energy. Investors are watching closely to see what happens next as Bitcoin keeps climbing and lifts other coins with it.
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