Bitcoin Steadies Near $79K as Altcoins Surge and Solana Hits $105
Bitcoin has steadied near $79K after briefly topping $81,000. According to Bitfinex, 19 of the top 20 altcoins rose more than 12% between August 18 and 25, outpacing Bitcoin's 21.4% gain.
Solana has jumped to $105, driven by a surge in demand. This marks a significant increase for Solana, with crypto demand showing early signs of a comeback as three signals strengthen.
Arthur Hayes projects that Bitcoin will reach $250,000, driven by liquidity injections from governments and central banks worldwide.