Ethereum

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Cardano

Bitcoin

Shiba Inu

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-soars-above-47000-as-altcoins-follow-suit-in-market-rally">Bitcoin Soars Above $47,000 as Altcoins Follow Suit in Market Rally</a><br></p>
<p style="text-align: justify"> In the latest market update, Bitcoin has taken the lead in a significant cryptocurrency price rally, surpassing the $47,000 threshold. This uptick in Bitcoin’s value has ignited momentum across the board, with Ethereum also climbing beyond $2,500. Notably, other popular altcoins such as <a href="https://en.bitcoinhaber.net/xrps-seismic-price-drop-from-accumulation-to-sharp-sell-off">XRP</a>, Solana, and Cardano have experienced upward trends. The spotlight, however, shone on an unexpected winner, diverging from the usual crypto frontrunners. </p> 
<h2 id="crypto-market-sees-major-gains">Crypto Market Sees Major Gains</h2> 
<p style="text-align: justify"> Bitcoin’s value not only jumped significantly but also momentarily peaked over $48,000 before stabilizing above $47,000. At the time of reporting, Bitcoin is trading at $47,346, marking a 3.21% increase within a day, with its market cap reaching approximately $929.43 billion. </p> 
<p style="text-align: justify"> Ethereum mirrors Bitcoin’s positive trajectory with a boost to $2,505.03, which is a 2.55% gain. Ethereum’s market cap stands at $301.56 billion, accompanied by a 24.37% rise in trading volume. Solana has also made strides, crossing the $110 mark with a 5.10% price increase and a trading volume that has surged by 23.18%. </p> 
<h2 id="altcoins-show-resilience-and-growth">Altcoins Show Resilience and Growth</h2> 
<p style="text-align: justify"> XRP shows signs of recovery, breaching the $0.52 level with a modest 1.46% increase in price. Its trading volume has swelled by 16.63%, approaching the $1 billion mark. Contrastingly, Cardano posted a 1.43% uptick in price, yet its trading volume declined by 26.17%. </p> 
<p style="text-align: justify"> In the meme coin sector, Dogecoin and Shiba Inu both saw price increases of 1.70% and 1.35% respectively. However, the day’s standout was a lesser-known meme coin, Bonk, on the Solana network, which leapt by 28.30% in price amidst a staggering 394.51% surge in trading volume.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-soars-above-47000-as-altcoins-follow-suit-in-market-rally">Bitcoin Soars Above $47,000 as Altcoins Follow Suit in Market Rally</a></h5>

Bitcoin Soars Above $47,000 as Altcoins Follow Suit in Market Rally

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