Surging Altcoins Steal Spotlight from Bitcoin

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The total crypto market cap has added over $100 billion since yesterday’s low.

After the massive volatility that hit the market in the past few days, bitcoin has finally started to show signs of revival by surging toward $80,000 earlier today.

The altcoins have marked substantial gains over the past 24 hours, with many posting double-digit price increases.

BTC to Challenge $80K?
What a week it has been for the crypto market. Bitcoin was riding high last Wednesday when it surged to $88,500 after reports that Elon Musk might leave US President Trump’s inner circle, but slumped hard in the following hours after the introduction of the latest set of tariffs from the US to the rest of the world.

As every country was slapped with at least a 10% tax, BTC dumped toward $80,000 immediately. It bounced off and remained relatively still during most of the weekend at around $83,000, but started to lose value rapidly on Sunday evening and Monday morning.


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