Bitcoin Taps $80K Again as Solana Soars to 7-Month High

The cryptocurrency market has seen significant movements in recent days, with Bitcoin (BTC) making another push towards $80,000. After breaking through the $65,000 resistance level last week, BTC surged to $70,000 within hours and continued to climb, reaching a multi-month high at almost $80,000 on Friday morning.

However, it was unable to breach this level on its first attempt and slipped back to $75,500 over the weekend. Nevertheless, the bulls persevered, and BTC began to rise again as the new business week progressed, surging past $80,000 and $81,000 on Tuesday morning for the first time since mid-May.

Solana (SOL) has emerged as one of the top performers among larger-cap assets, climbing by 8% to its highest price tag since late January at $105. The total crypto market cap has added around $50 billion in a day and is now up to $2.780 trillion on CG.