Bitcoin is nearing the $100,000 price level, with its market cap close to reaching $2 trillion. This milestone highlights Bitcoin’s position as the dominant cryptocurrency and the lag of altcoins like Ethereum behind. Bitcoin’s rise is fueled by strong institutional support and unprecedented stablecoin inflows, with over $9.7 billion flowing into crypto exchanges this month.
Market data shows Bitcoin’s trading volume reaching $91.53 billion in the past 24 hours. As the market waits for Bitcoin to surpass the $100,000 barrier, experts predict it could mark a new era for Bitcoin and potentially create opportunities for altcoins to rebound.