Bitcoin climbs above $91,000 as institutional interest boosts market confidence
Bitcoin has risen to $91,400 after dropping to $88,700 over the weekend. This increase follows renewed buying interest, partly driven by institutional investments, including a significant purchase by MicroStrategy. Ethereum is trading at $3,126, maintaining support at $3,000. Other cryptocurrencies showed mixed results, with Dogecoin and Chainlink gaining up to 5%, while several others, including Solana and BNB, fell by up to 5%. The global cryptocurrency market cap has increased by 1.06% to approximately $3.08 trillion. Bitcoin's market cap now stands at $1.811 trillion, with its dominance at 58.79%. Trading volume for Bitcoin surged to $76.9 billion in the last 24 hours.