CandleFocus Bitcoin Bounces Back Above $100K as XRP, Dogecoin and Solana Rebound
2024-12-11
Author: Content Editor
Bitcoin surged to $100,000 per coin again as U.S. inflation rose as expected, causing the leading cryptocurrency to reach an all-time high of $103,679. The recovery comes after a temporary dip below $95,000. The altcoin market also experienced gains, with XRP's price soaring by 17% in the past day and Dogecoin and Shiba Inu increasing by nearly 9% and 13% respectively. Bitcoin's rebound has led to increased investment in exchange-traded products like Bitcoin ETFs, with a record $3.85 billion invested in such vehicles last week.
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