Bitcoin's price climbs above $90,000, leading the market with a 6-week high. Altcoins also show positive growth. Find out more about the recent cryptocurrency market trends.
Bitcoin’s price continues its upward trend after crossing the psychological resistance level of $90,000. The last time Bitcoin traded at this level was on March 7th, about 6 weeks ago. In the past 24 hours, this digital currency has grown by 3.3%, and in the past week by 7.3%. According to CoinGecko data, Bitcoin’s dominance in the market has reached 61.6%, indicating its better performance compared to altcoins. Most altcoins are also in an upward trajectory. Ethereum up by 1.5%, Ripple by 1%, and Solana and Dogecoin each growing by about 4%. This upward movement has increased liquidated positions in the derivatives market to around $320 million, mainly consisting of short positions worth $190 million.
