Today’s encryption prices: Bitcoin is trading over $ 94,500; XRP, Solana jumps up to 5 %

Bitcoin was traded on Monday, and last week’s gains extended amid strong institutional flows and the increasing investor confidence. As of 12:42 pm, Bitcoin increased by 0.57 % at 94,598 dollars, while ethereum 0.13 % rose to $ 1803. Global Crossed currency market CAP also increased by 0.9 % to $ 2.97 trillion.

“Bitcoin maintains about $ 94,500, with the support of strong ETF flows and significant exchanges in exchange, indicating the increasing investor confidence,” said Edol Patel, co -founder and CEO of Mudrex. “BTC faces immediate resistance at $ 96,000, with support at 90,500 dollars.”

Institutional accumulation is still strong, and nourishes bitcoin momentum. He added: “Analysts are looking for 94,600 dollars as the next level of penetration, with humans returning $ 100,000 on hand.”

Also read: Does the Memoin obsession affect the credibility and future of encryption?Among Altcoins, XRP led the gains with an increase of 5.2 %, followed by HEDERA with an increase of 4.6 %, Chainlink by 3 %, Solana with an increase of 2.5 %, Cardano with an increase of 2.4 %, SUI with an increase of 1.67 %, and Dogecoin increasing by 0.7 %.

The market ceiling in Bitcoin rose to $ 1.878 trillion, while its hegemony fell to 63.22 %. The daily trading volume increased by 4 % to $ 20 billion. Stablecoins 90.57 % of the total encryption trading activity, with a total of $ 57.6 billion, according to Coinmarketcap.acording to the Coinswitch Markets Office, Bitcoin crossed $ 95,000 on Friday night for the first time in two months, currently exceeding 20- and 50-50. Meanwhile, the investment funds circulated in the United States in Bitcoin recorded $ 3.06 billion in flows last week, indicating strong confidence in the investor. Also read: Bitcoin exceeds Amazon in the market value, now the 6 largest global assets

Avinash Shekhar, co -founder and CEO of PI42, noted that the promotional Bitcoin trend is gaining momentum, supported by improving basics and high institutional demand. He said: “Every decline is seen as an opportunity to buy, which leads to bitcoin preparation for a strong payment to a new area,” adding that indicators indicate a possible increase to $ 124,000.

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