BTC prices approach $100,000 for the first time since February, with ETH TAPS monthly peak (market observation)

Bitcoin’s positive performance may be due to the above trade negotiations, so it continues to be full due to assets’ monthly highs of less than $100,000.

AltCoins also released significant gains, with ETH soaring $1,900 for the first time in more than a month.

BTC’s goal is $100,000

A month ago, the price of Bitcoin almost felt like a distant dream as growing tensions in the United States and the rest of the world grew less than $75,000. As the situation improves, or at least for countries outside China, BTC has begun an impressive recovery, resulting in an increase of $20,000 in a few weeks.

At that time, cryptocurrencies faced a certain amount of resistance and could not continue to move forward for a period of time. It stopped last week at $98,000, pushing the South to $94,000 just two days ago.

However, it rebounded and retracted $96,000 in support, which has now become resistance. While the Fed expects to refuse to lower interest rates, BTC prices have continued to rise over the past 24 hours, possibly due to POTUS’ promising statement on the situation of the trade war and the upcoming negotiations.

As of now, Bitcoin is only a few inches above $100,000, a level not seen in three months. Its market capitalization has soared to $1.980 trillion, and its dominance over Alts has taken a hit, with CG now accounting for 62%.

ETH past $1.9k

Ethereum finally broke a significant resistance, which is priced at $1,850 and is now trading at a high price of $1,900 at a monthly height. Although ETH has been running against BTC and green for the past six months, you can check out Chatgpt’s point of view whether it can surpass its bigger brother here – here.

XRP, SOL, ADA, TRX, AVAX and XLM plotted about 2-4% of the gains, while Doge, Link and Sui shot up to 7.5% from the field. BCH and PEPE are the biggest elements, with double-digit prices rising 11% and 12.5% ​​respectively.

The market value of cryptocurrencies soared by nearly $100 billion a day, with the total CG reaching $3.2 trillion.