Bitcoin Blasts Through $80,000 Barrier Amid Broad Market Rally

Bitcoin's price has surged by 5% and surpassed $80,000 on September 3 as part of a broader market rally. The cryptocurrency was trading at $81,200 in mid-afternoon trading, with the gains coming after a rally that began in mid-August started to accelerate.

Ethereum, the second-largest cryptocurrency by market capitalization, also saw its price rise by 5% and was trading at $2,500.00 on the day.

Smaller cryptocurrencies and memecoins like Dogecoin were among the biggest gainers, with Dogecoin's price rising by 10% to $0.09.