Bitcoin (BTC) broke through another all-time high as it crossed 80,000 dollars for the first time in history. Even though the market dipped a bit towards the weekly close and reached $78.5k, it recovered sharply to create another all-time high on Monday.
Solana on the other hand, soared to a market cap of 100 billion dollars for a short while, making it only the third crypto to do so after BTC and ETH though it acted as a price resistance with SOL required to trade above 212 USD to stay above the same.
On the other hand, Elon Musk-inspired DOGECOIN was the top gainer among the top 25 coins as DOGE peaked by 30% in the day, becoming more valuable than XRP by market cap. Analysts predict DOGE still has fuel left, given the Trump Government’s plan to work with Elon Musk on the Department of Government Efficiency or DOGE in short.
Cardano was another notable gainer yesterday as its founder Charles Hoskinson shared his plans to work with the US government and cryptocurrency policy.
