Bitcoin’s price just reached a new multi-month high at $82,000, where it encountered some resistance but continues trading near that level.
Nearly all altcoins are green today. Ethereum is edging toward $2,400, XRP has decisively reclaimed the $1.40 level, SOL is trading around $90, and ZEC is leading the gainers.
BTC Touched $82K
Last week Bitcoin dropped sharply after being rejected near $79,500, with the decline accelerating on Wednesday following the Federal Open Market Committee’s meeting. Although the Fed’s decision to keep interest rates unchanged was widely anticipated, BTC still slipped below $75,000.
The subsequent recovery has been striking. The asset approached $79,000 on Friday after Iran submitted a peace proposal to the United States, and it stayed close to that zone over the weekend despite the U.S. rejecting the initial offer and a second proposal arriving on Sunday.
On Monday morning BTC surged above $80,000 for the first time since late January. It pulled back briefly amid conflicting reports, then quickly regained ground and reclaimed the $80,000 level. Buying pressure continued, and the cryptocurrency briefly touched $82,000 minutes ago, marking a fresh three-month peak.
Bitcoin remains near that level now, with its market capitalization climbing above $1.63 trillion and its dominance over altcoins sitting above 58.5% on CoinGecko.
Altcoins Turn Green
Zcash (ZEC) has rekindled optimism reminiscent of its dramatic run earlier this year, when it surged from under $80 to above $700 in a short span. A roughly 40% daily gain has pushed ZEC to about $575. SKYAI is another standout, rising over 40% to $0.78 in the past 24 hours.
TON extended its impressive streak with another 25% daily increase. DASH, ICP, FIL, and NEAR also posted double-digit gains over the same period.
More modest advances are visible among XRP, BNB, ETH, and TRX, while SOL, DOGE, and ADA each rose roughly 5% on the day.
The total cryptocurrency market capitalization added about $50 billion in 24 hours and now sits near $2.8 trillion on CoinGecko.