Bitcoin is making waves again, surging past the $99,000 benchmark with impressive momentum. The leading cryptocurrency currently trades at $99,248.51, marking a 1.02% increase within a day. This remarkable rise has propelled its market capitalization to a staggering $1.96 trillion, also up by 1.02%.
The enthusiasm in the market is mirrored in the trading volume, which saw a significant 22.46% boost, reaching $24.95 billion in just 24 hours. Bitcoin's fully diluted valuation now stands at an eye-popping $2.08 trillion, boasting a market cap ratio of 1.26%.
The uptick is partly attributed to the bullish trends sweeping through the crypto space, alongside an increasing hashrate that fortifies Bitcoin's network security and investor confidence.
