CandleFocus Double-Digit Price Surges From These Altcoins as Bitcoin (BTC) Eyes $80K (Weekend Watch)
2024-11-10
Author: Content Editor
Bitcoin's price continues to reach new all-time highs, almost hitting $80,000. This surge in price is accompanied by a bull cycle in the cryptocurrency market, with multiple alternative coins experiencing double-digit price surges. The cryptocurrency landscape has changed significantly after Donald Trump's win in the 2024 US presidential elections, with BTC's price skyrocketing to $75,000 after his victory became official. The recent rate cut by the US Fed has further boosted Bitcoin's price to around $77,000. Bitcoin's market cap has exceeded $1.570 trillion, although its dominance over altcoins has decreased. Altcoins such as Cardano, SUI, Dogecoin, and Ethereum have seen significant price increases in the past week. The total crypto market cap has also risen by about $130 billion and now exceeds $2.850 trillion.
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