Bitcoin Finally Breaks Through $100K Mark, Pulling the Rest of the Market Up With It

Bitcoin finally smashed through the $100K mark on Thursday, snapping out of months of dull price action, and it pulled the rest of the market up with it.

Bitcoin price finally broke through the crucial $100K mark on Thursday, snapping out of months of dull price action and pulling the rest of the market up with it. BTC rose 5% over the last 24 hours, ultimately hitting $100,000.

As Bitcoin moved, so did the market. Among the top 5 altcoins, Virtuals Protocol (VIRTUAL) token is up over 36% in the last 24 hours, now priced at $2.04. Its market cap currently values at $1.33 billion and 24-hour trading volume values at $978.26 million after surging a staggering 125.27%. The project blends AI with metaverse gaming, and clearly, that combo is catching some serious attention right now.

The top 5 crypto gainers (24 hours):

Virtuals Protocol (VIRTUAL): +36%

Pepe (PEPE): +26%

Brett (Based) (BRETT): +25%

Uniswap (UNI): +20%

Ethereum (ETH): +17%

Pepe did what it does best — explode out of nowhere. The frog-themed memecoin pumped nearly 26%, currently priced at $0.00001095 with over $2.19 billion in volume, surging a huge 251%. It’s now sitting on a $4.6 billion market cap, proving once again that memes still move markets.

Brett, often called Pepe’s Base Chain companion, saw over a 25% gain, trading at $0.075. The market cap values at $749.01 million, and the 24-hour trading volume pumped 76%, currently standing at $89.06 million. The token continues to benefit from growing activity on Base Chain, where it’s become something of a cultural icon.

The Union Bank and U.S. Trust division of the bank will be able to provide "a full range of banking services" to crypto firms, according to a statement from the Union Bank, part of the Mitsubishi UFJ Financial Group.

"This expansion is a natural progression for our bank and will enable us to serve an industry that is increasingly seeking sophisticated financial solutions," said Ramon DeFigueroa, president and CEO of Union Bank.

The move comes as more traditional financial institutions are opening up to the cryptocurrency industry. Earlier this year, several large banks, including Bank of America and Citigroup, began offering cryptocurrency-related services to their clients.

Union Bank's decision to provide banking services to crypto firms is a significant development. The bank is a major player in the U.S. financial system, and its involvement in the crypto space could help to legitimize the industry in the eyes of traditional institutions and investors.

The move also highlights the growing demand for financial services from crypto firms. As the industry matures, companies are increasingly needing access to banking services, such as checking accounts, payment processing and lending.

The integration of Virtuals Protocol's AI technology and metaverse gaming has certainly contributed to the astronomical rise in price and volume.

As for the market movements, Bitcoin finally broke through the crucial $100K mark, snapping out of months of dull price action and pulling the rest of the market up with it. BTC rose 5% over the last 24 hours, ultimately hitting $100,000.

Among the top 5 altcoins, Virtuals Protocol (VIRTUAL) token is up over 36% in the last 24 hours, now priced at $2.04. Its market cap currently values at $1.33 billion and 24-hour trading volume values at $978.26 million after surging a staggering 125.27%. The project blends AI with metaverse gaming, and clearly, that combo is catching some serious attention right now.

The top 5 crypto gainers (24 hours):

Virtuals Protocol (VIRTUAL): +36%

Pepe (PEPE): +26%

Brett (Based) (BRETT): +25%

Uniswap (UNI): +20%

Ethereum (ETH): +17%

The move comes as more traditional financial institutions are opening up to the cryptocurrency industry. Earlier this year, several large banks, including Bank of America and Citigroup, began offering cryptocurrency-related services to their clients.

Union Bank's decision to provide banking services to crypto firms is a significant development. The bank is a major player in the U.S. financial system, and its involvement in the crypto space could help to legitimize the industry in the eyes of traditional institutions and investors.

The move also highlights the growing demand for financial services from crypto firms. As the industry matures, companies are increasingly needing access to