title: Bitcoin Breaks $100K, Altcoins Heat Up as Crypto Market Comes Alive Again

After months of flat movement and fading excitement, the crypto market's finally coming alive again. Bitcoin has smashed through the $100000 mark

The cryptocurrency market, which had been largely flat and quiet for months, is finally coming alive again.

Bitcoin has smashed through the $100,000 mark after a long time – a moment traders and long-term holders have been eagerly anticipating.

As a result, the total crypto market cap has experienced a significant surge, adding over $150 billion in just 24 hours to reach $3.14 trillion.

In other notable developments, Ethereum has moved up, reclaiming the $2,000 level after a period of struggling to hold support.

While ETH’s rise is relatively modest compared to some altcoins, it nonetheless adds to the overall optimism that’s returning to the market.

If we factor in the recent rally, the second-largest cryptocurrency has managed to recover nearly $800 billion in market cap in less than a week.

Its trading volume has also more than doubled overnight, heating up to $6.5 billion, and the market cap is currently valued at $83 billion.

At press time, BTC is trading up by 0.8% over the last 24 hours at the $100,100 level.

If we consider yesterday’s gains, the flagship cryptocurrency has managed to add over $9,000 to its price in just one day.

On the other hand, if we look at the bigger picture, the cryptocurrency is still down by 64% from its all-time high of $278,080, which it reached in November 2021.

Despite the recent surge, it’s worth noting that the cryptocurrency market is still a long way off from the highs of last year.

However, if this pace continues, we’re not just talking recovery – this could be the start of the next big bull season.output: The cryptocurrency market is finally coming alive again after months of flat movement and fading excitement.

Bitcoin has smashed through the $100,000 mark, a moment traders and long-term holders have been waiting for.

As a result, the total crypto market cap has experienced a significant surge, adding more than 5% in just 24 hours to reach $3.14 trillion.

Other cryptocurrencies have also moved up. Ethereum, for example, has moved up, reclaiming the $2,000 level after a long struggle to hold support.

While ETH’s rise is relatively modest compared to some altcoins, it nonetheless adds to the overall optimism that’s returning to the market.

If we factor in the recent rally, the second-largest cryptocurrency has managed to recover nearly $800 billion in market cap in less than a week.

Its trading volume has also more than doubled overnight, heating up to $6.5 billion, and the market cap is currently valued at $83 billion.

At press time, BTC is trading up by 0.8% over the last 24 hours at the $100,100 level.

If we consider yesterday’s gains, the flagship cryptocurrency has managed to add over $9,000 to its price in just one day.

On the other hand, if we look at the bigger picture, the cryptocurrency is still down by 64% from its all-time high of $278,080, which it reached in November 2021.

Despite the recent surge, it’s worth noting that the cryptocurrency market is still a long way off from the highs of last year.

However, if this pace continues, we’re not just talking recovery – this could be the start of the next big bull season.

Also Read: Why is the Crypto Market Up today?