Bitcoin (BTC) has experienced a significant surge, climbing past the $91,000 threshold. This marks a recovery phase from the recent declines that were stimulated by patterns observed on Polymarket, a blockchain-based prediction market. These types of swift fluctuations are common in the cryptocurrency market, occasionally resulting in sudden, sharp declines.
While Bitcoin is making substantial gains, the reaction of altcoins has been mixed. The movements in altcoin prices are not uniformly following Bitcoin's upward trend, which is a typical market behavior as each cryptocurrency reacts differently to market dynamics.
