March 5, 2024

Crypto Price Today: Bitcoin Hits $68K; Altcoins Surge

By Ovais Mirza

Hey there! Let’s dive into the latest buzz in the world of cryptocurrencies. Buckle up because Bitcoin just hit a new milestone, and the altcoins are catching fire too!

CryptocurrencyPrice24-Hour Gain
Shiba Inu (SHIB)$0.0000446597.07%
eCash (XEC)$0.0000782879.69%
BitTorrent (BTT)$0.0000020746.90%
Bonk (BONK)$0.0000399726.74%
Dogecoin (DOGE)$0.196826.63%

Bitcoin Hits the Roof

Picture this: Bitcoin, the OG of cryptocurrencies, has soared past the $68,000 mark. That’s not just impressive; it’s mind-blowing! According to Dow Jones Market Data, Bitcoin’s previous all-time high was around $68,990 back in November 2021. Now, it’s smashing through ceilings, proving once again why it’s the king of decentralized digital currencies.

What’s Driving Bitcoin’s Surge?

Well, it’s not just a stroke of luck. One big reason behind Bitcoin’s skyward journey is the introduction of exchange-traded funds (ETFs). These babies hit the market in January and have been attracting both big institutional players and everyday folks like you and me. The result? A fresh wave of optimism and a surge in Bitcoin’s value.

Altcoins Riding the Wave

But wait, there’s more! It’s not just Bitcoin hogging the limelight. Altcoins are having a field day too.

Ethereum: Not Just Another Coin

Ethereum, the second-largest cryptocurrency out there, is flexing its muscles. With a price tag of around $3,731.50, it’s showing a 24-hour jump of 7.86 percent. Investors can’t seem to get enough of Ethereum, and honestly, who can blame them?

Dogecoin: From Meme to Mainstream

Ah, Dogecoin. The cheeky meme-inspired cryptocurrency is back in the spotlight with a 24-hour gain of 27.13 percent. Its community-driven vibe and playful branding continue to capture hearts and wallets across the globe.

What About the Others?

Litecoin might be experiencing a slight dip at $89.52, but don’t count it out just yet. This speedy and scalable cryptocurrency still has plenty of tricks up its sleeve.

XRP, the native currency of the Ripple network, is also making moves with a 24-hour jump of 3.44 percent. It might not be as flashy as some of the others, but it’s steadily chugging along, making its mark in the crypto world.

Top 5 Gainers of the Day

Now, let’s take a peek at the top performers stealing the show today.

CryptocurrencyPrice24-Hour Gain
Shiba Inu (SHIB)$0.0000446597.07%
eCash (XEC)$0.0000782879.69%
BitTorrent (BTT)$0.0000020746.90%
Bonk (BONK)$0.0000399726.74%
Dogecoin (DOGE)$0.196826.63%

FAQs