Bitcoin (BTC) achieved a new all-time high price of $94,831, marking another milestone in its price trajectory. Despite this achievement, the price increase has paused, and there is still potential for further upward movement.
The cryptocurrency's journey of setting fresh all-time highs has become frequent, with previous peaks around $93,944. However, with the current stall, the market is waiting to see if Bitcoin will break through to even higher values.
As BTC fluctuates, altcoins in the market are closely watching and adjusting in anticipation of potential market movements, hoping to benefit from Bitcoin's performance.
Market participants are eager to see whether Bitcoin will regain its momentum and continue its growth spurt, which could also influence the performance of altcoins.
