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Analysts suggest that a sustained break above $97,000 could lead to new highs exceeding $110,000.
Please note that
- **Ethereum (ETH):** Trading at $3,688.24, up 1.53% from the previous close.
- **BNB (BNB):** Priced at $730.34, an increase of 3.13%.
- **XRP (XRP):** Holding steady at $2.42.
- **Cardano (ADA):** Valued at $1.094, a rise of 1.30%.
The total cryptocurrency market capitalization stands at approximately $3.59 trillion, with a 24-hour trading volume of $133.16 billion.
Bitcoin's recent surge above the $100,000 mark has been attributed to the "January effect," a seasonal trend where markets often experience a boost at the start of the year.
cryptocurrency markets are highly volatile. It's advisable to consult multiple sources and consider your risk tolerance before making investment decisions.
#GT Hits ATH – What’s Next? #Market Rebounds – What Are You Buying? #ADA Gaining Momentum – What’s Your Take?