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Bitcoin price today has officially broken past the $87,000 mark, marking a bold new chapter in this ongoing bull cycle.
Bitcoin’s $87K mark is reviving its “digital gold” narrative as economic uncertainty grips global markets. With gold hitting new highs above $3,380 and the U.S. dollar facing pressure from expected interest rate cuts, investors are once again turning to alternative stores of value.
After a 20% drop since January, BTC Price has regained strength, aligning more with gold’s movements rather than equities. This shift highlights the appeal of crypto as a hedge against inflation and currency devaluation.
Altcoins like ADA, BNB, XRP, and ETH saw modest gains of up to 1.5%, while Solana (SOL) surged by 5.2% over the week, recovering losses from Thursday.
Crypto Price Today: Major Altcoins See Surge
As Bitcoin leads the charge, altcoins are gaining serious momentum. Binance Coin (BNB) broke through the $600 level after a 3.2% surge, fueled by Binance’s latest token burn worth over $1 billion. Large holders are accumulating during the volatility, and open interest has jumped to $760 million, suggesting strong trader interest.
Solana (SOL) soared over 10%, blasting past the $135 resistance level with solid volume and an ascending price structure. On-chain data highlights strong buying between $129 and $144, confirming the rally’s strength.
XRP has also broken out after months of sideways movement, with bullish indicators pointing toward a target near $2.15. Meanwhile, Cardano’s ADA is holding above $0.63, supported by strong volume and technical signals for further gains.
Together, these moves mark a clear shift in market mood. As Bitcoin resumes its climb, confidence is returning, and altcoins are following closely. The safe-haven appeal of crypto is back on the table, and investors are once again paying attention.