Bitcoin Surges Past $84K Again, but Experts Warn of Potential Rejection

Bitcoin's price has risen above $84,000 for the second time this month, but experts are divided on whether this rally will sustain.

According to data from CoinMarketCap, Bitcoin's market capitalization increased by 1.57% to $1.69 trillion over the past 24 hours, with trading volume up 2.96% to $33.19 billion.

Ethereum, the second-largest cryptocurrency, was also up, rising 1.57% to $2,729.20, while its market capitalization reached $333.2 billion, a 1.63% increase from yesterday's numbers.

Alex Kuptsikevich, chief market analyst at FxPro, believes that the crypto market is stabilizing around $2.87 trillion and that Ethereum is an indicator of sentiment within the crypto space.