Ripple (XRP) finally wakes up with 12% daily gain, Bitcoin (BTC) briefly touches $90,000 (Market Watch)

What a week it has been for the cryptocurrency market, with bitcoin leading the gains. In the last 24 hours alone, the asset soared to $90,000 for the first time before stopping there.

Altcoins have also posted impressive gains in the same time period, led by Dogecoin’s mind-blowing rally.

BTC stopped at $90,000

The most bullish week in BTC’s recent history continued today. We recall that the asset struggled to $68,000 during the US election date last Tuesday, but began to rise when it became clear that Donald Trump will be the next president.

This rally saw the asset surpass its March all-time high and record several consecutive highs. Also, bitcoin broke above $80,000 over the weekend and hasn’t looked back since. The start of the current business week was also very positive as the cryptocurrency soared to $86,000 on Monday.

It continued to rise during the early hours of the Asian trading session and jumped to $90,000 today, which is now its current all-time high. However, the bears eventually remembered their presence at this point and prevented the asset from conquering that line.

Also, they managed to push BTC south by two thousand, and now it is fighting for about $88,000. However, its market cap is still well above $1.7 trillion, while its dominance of the highs is up to 55.9%.

Bitcoin/Price/Chart 12.11.2024. Source: TradingView DOGE’s World, but XRP wakes up

It’s safe to say that Dogecoin has been the biggest gainer during this week-long rally. Its price has soared more than 150% during that period, 50% in the last 24 hours alone, and soared to $0.44 today for the first time in three years.

Other double-digit price gains include CRO (35%), BONK (25%), BTT (25%), BRETT (20%), RENDER (19%) and more.

Even Ripple, which was quite sluggish last week, is up more than 12% daily and is trading north of $0.65.

The total crypto market capitalization reached a new all-time high of over $3.1 trillion in CG today.

Cryptocurrency Market Overview. Source: QuantifyCrypto SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

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