After Bitcoin (BTC) soared past $100,000, it rekindled a bullish mindset among investors and swept altcoins such as EOS, Hedera (HBAR), and Litecoin (LTC), in a historic moment of the cryptocurrency location.
Now, Bitcoin is priced at $101,416.74, gaining 1.69% over the last day, with its market cap rising to $2 trillion. Its daily trading volume still stuck at $57.8 billion, increased only by 0.49%. This landmark cements Bitcoin’s status as the foremost mover in the crypto landscape.
Among altcoins, EOS was the front-runner with a daily rise of 16.96% to $1.01. The token currently has a market capitalization of $1.55 billion, with a phenomenal 142.54% bump in 24-hour trading volume (hitting $474.4 million).
This increase is perhaps a signal of increased interest in EOS, which has been increasingly touting itself as a competitive player in the space of decentralized applications.
Capping the top gainers for the week was Hedera (HBAR) which gained 7-day 37.50%. It trades at $0.383, has a market capitalization of $14.65 billion, and a 24-hour trading volume of $2.69 billion (+104.92%).
Recent developments around broader enterprise-level applications and partnerships at Hedera seem to be fuelling this upward momentum.
Litecoin (LTC) was also able to attract the interest of investors, growing 16.47% over the last 24 hours to $139.99. The coin now has a market cap of $10.55 billion, with daily trading volume up almost 60% to $2.66 billion. Litecoin’s solid showing underscores its enduring popularity as “digital silver.”
This surge also highlights the changing landscape of the cryptocurrency space, where altcoins are progressively drawing investor attention while BTC remains king. According to analysts, this rally can continue as both institutional and retail investors shift their gaze toward the digital asset space, considering Bitcoin as a hedge against inflation and the frontier for technological innovation.
Also Read: XRP beats Bitcoin on Google Trends, New ATH Beyond $3?
