Bitcoin Surges to $81,000 as Crypto Markets Continue Rally
Crypto markets continued to rally over the past 24 hours, with Bitcoin reaching as high as $81,000 before settling back near $79,762. This represents a 1.4% gain for the day and a 7.3% increase over the week.
Ethereum held steady at around $2,489, while XRP gained 1.8% to reach $1.43. Solana led the pack with a 5.6% surge to $106.94, representing nearly a 20% weekly gain.
Total market capitalization rose by 1.1% to $2.78 trillion, with Solana topping trending searches followed closely by Hyperliquid and Bitcoin itself.
Among top gainers, DebtReliefBot saw a significant surge of 45.5%, while Seeker added 30.7%. This reflects continued speculative interest in the market despite major assets extending their rally.
Nvidia's acquisition of Hugging Face for $12.9 billion has raised eyebrows, with early investor Kevin Durant's initial $250,000 stake potentially growing to over $60 million.