Bitcoin is $ 87 with high encryption prices

Bitcoin and Cryptocurrency have witnessed great gains in early trading on Monday, with Bitcoin’s currency of about $ 8,7480.

This represents an increase of 3.71 %. Ethereum also saw a remarkable increase, increasing by 4.05 % to trading at $ 2093.

The total market value of the cryptocurrency has increased by 2.94 % over the past 24 hours, which is now $ 2.84 trillion.

The positive momentum of the market prevailed despite the concerns that are looming on the horizon regarding the upcoming American definitions and the expected issue of the main economic data later in the week, indicating a strong investor confidence in the encryption sector.

Other prominent artists included XRP, Cardano and Dogcoin, which recorded 3 %, 2 % and 3.8 % consecutive gains. ChainLink, Avalanche, Hedra, and growth of growth ranges range from 3 % to 10 %.

“Bitcoin keeps more than $ 86,000, and records 3 % profit today. The main resistance level to watch $ 86,700; the collapse can pave the way for $ 90,000,” said Vikram Subburaj, CEO of Giottus.

Bitcoin’s market value increased to $ 1.727 trillion, with dominance to 60.73 %.

Trading volume increased 24 hours by 93 % to $ 18.2 billion, while Stablecoin 94.74 % of the total encryption trading, amounted to 57.58 billion dollars, according to Coinmarketcap.

Solana has appeared as a prominent performance, more than 7 % rose in the past 24 hours for trading over $ 139.

The assembly is provided with reports that indicate that President Trump’s tariff on April 2 may be more targeted, which reduces the concerns in the market.

Solana momentum is in line with unprecedented acceptance rates. Defillalama reported that the total value of Solana Locked (TVL) amounted to 54.87 million Sol, its highest level since June 2022. Ali Charts revealed that the record is 11.09 million titles now bears Sol, which confirms the growing growth.

In addition, more than $ 72 million of ETHEREUM assets has been blocked to Solana. Solana’s weekly active headlines (17 million) greatly exceed ETHEREUM (1.8 million), while Binance’s Sol Wallet balances indicate a new accumulation after the last sale activity.

Solana’s institutional acceptance continues to grow, as the shares of fluctuation are launched two of the investment funds traded in Solaz (Solz and Solt on the Nasdaq Stock Exchange on March 21.

The main asset managers, including Franklin Templeton and Vanck, also submitted a request for investment funds circulating in the immediate Solana, indicating an increase in interest in the encrypted currency.

Arthur Hayes co -founder of Bitmex expressed his optimism about the Bitcoin path, saying: “The directive of the Federal Reserve can help Bitcoin achieve $ 110,000 before re -testing 76.5 thousand dollars.”