Bitcoin is once again flirting with record-breaking territory. On Monday, the leading cryptocurrency surged to $107,341, a new all-time high. Will DOGE and XRP follow?
Bitcoin had another big weekend, fueled by ongoing speculation around President Trump’s plans for a Bitcoin Strategic Reserve.
Source: BNC Bitcoin Liquid Index
This upward move follows a turbulent week marked by dramatic price swings. Bitcoin first broke the $100,000 milestone on December 4, thrilling investors as it hit unprecedented highs. However, the euphoria was short-lived as sharp drops in subsequent days triggered liquidations that rattled traders and dragged down the broader crypto market.
A Stabilizing Force Amid Volatility
Now, Bitcoin appears to have stabilized, holding strong at record levels. While BTC takes center stage, other cryptocurrencies like Dogecoin and XRP are seeing quieter, more incremental gains.
Dogecoin, the meme coin with a cult following, is up 2% on the day, trading at $0.403. Yet it remains well below its three-year high of $0.48 reached just over a week ago, and its 13% decline over the past week underscores the market’s recent turbulence.
Source: BNC
Meanwhile, XRP is trading at $2.42, reflecting a modest 1% gain in the past 24 hours. The Ripple-linked token has recovered from a brief dip below $2 last week but is still off its seven-year high of $2.82 earlier this month.
Source: BNC
Source: https://bravenewcoin.com/insights/bitcoin-hits-record-high-of-106k-as-dogecoin-and-xrp-make-modest-gains
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