Bitcoin (BTC), the leading cryptocurrency, has crossed the $ 105,000 level by making ATH again after the big drop in the past days!
In the cryptocurrency markets, Bitcoin and altcoin prices have experienced sharp declines in the past days, and the BTC price had dropped to $ 92,000. Cryptocurrency markets, which entered the recovery phase after the big decline, entered with new rises at the beginning of the week.
Bitcoin, the leading cryptocurrency, which has experienced an increase of up to 4% in the past hours, reached its price to the level of $ 105,800 and made ATH again. At the time of writing, the current BTC price is at $ 105,120.
Altcoin Prices Started to Rise!
With the recovery of the market and the ATH of the Bitcoin price, altcoin prices also started to rise by taking action. Ethereum, which fell to the level of $ 3,500 with the decline in the past days, rose to $ 4,000 again.
The price of Sui Coin, the favourite coin of recent times, fell to the level of $ 3.5 during the big decline, and with the rise that started at the beginning of the week, it rose to the level of $ 4.76.
The prices of coins such as XRP, DOGE, ADA and SOL, which have experienced great rises in recent weeks, started the new week with a 1% increase.
The Bitcoin Dominance rate, which has reached 54.2%, continues to be a decisive factor for altcoin prices. If there is a possible decline in the BTC Dominance rate, it may initiate the expected big rises in altcoin prices.
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