RENDER is now the best performer, after an 18% increase.
Bitcoin’s gradual price recovery continues as the asset surpassed $93,000 earlier today for the first time since mid-December and is now hovering around it.
Several altcoins also doubled in daily gains, with ETH closing at $3,200, while XRP topped $2.10.
BTC plans to reclaim $93,000
After 2025 ended abruptly, with a massive price drop from over $126,000 in early October to below $88,000 on December 31, the price of bitcoin finally began to show signs of recovery starting on January 2. The asset quickly rose above $88,000 and was targeting $90,000 on Friday, where it initially encountered some resistance but managed to reclaim that level even after the United States attacked Venezuela and captured its president.
On Saturday and Sunday, BTC was slowly climbing and reached $91,500 yesterday. Monday morning began with another price increase, this time to just under $93,500, which became its highest price since December 12. It was stopped there and is now just below $93,000, but it is still up 1.6% on the day.
Its market capitalization has increased by $100 billion since January 1 and now sits above $1.85 trillion. Its alt dominance has also rebounded from a dip below 57% and now sits 0.2% above that line on CoinGecko.
ETH targets $3.2k
Ethereum has gained over $200 over the past few days and now sits near $3,200 after another minor daily increase. XRP reclaimed $2.10 support after rising 2%. BNB’s daily gains are similar and the asset is now trading above $900. On the other hand, DOGE, ADA, TRX and ZEC are slightly in the red, while CC has plunged more than 5%.
HYPE is the best performer among larger-cap alternative assets, having surged more than 4% to nearly $26.5. PEPE has pulled back slightly after its recent rally, but is still up double digits on a weekly scale. RENDER is the one that has climbed the most among the top 100 alts.
The total crypto market cap has soared to almost $3.250 billion on CG, meaning it has added $200 billion since January 1.
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