Bitcoin (BTC) recently reached the $99,000 mark, achieving its all-time high and drawing closer to the elusive $100,000. This remarkable milestone has invigorated the altcoin market, particularly boosting the prices of Cardano (ADA) and XRP significantly.
Other altcoins such as Stellar (XLM), Hedera (HBAR), Mantra (OM), and Algorand (ALGO) have also benefitted from Bitcoin's price surge, underscoring the positive market sentiment elevated by BTC's impressive performance.
Experts suggest that maintaining Bitcoin's price stability at $95,000 could be crucial for further fueling altcoin growth, potentially leading to an extended altcoin rally and attracting more investment into these assets.
