Bitcoin Surges 4.6% to $91,508, Boosting Major Cryptocurrencies

Bitcoin has surged past $90,000, reaching its highest price in over a month. This upward trend has not only benefited Bitcoin but also several other major cryptocurrencies, including Dogecoin, Solana, and Ethereum, which have all seen significant gains.

Dogecoin, the original meme coin, has experienced a nearly 9% increase over the last 24 hours, reaching a current price of $0.172. This rise, while still below its highest price in April, marks a welcome recovery for DOGE holders who have witnessed a decline since December's three-year high of $0.48.

Ethereum, the second-largest cryptocurrency by market cap, has also seen a substantial increase, rising almost 8% to a current price of $1,703. Despite a rough stretch recently, with a 15% drop over the last 30 days and a 47% decline since last year, Ethereum is showing positive momentum today.

Solana is nearing its monthly high, currently priced at approximately $145, with a 6% increase on the day. Solana has shown a notable rebound after a significant drop, rising 37% over the last two weeks. Other altcoins, such as Sui (SUI) with an 11% jump, meme coin Fartcoin with a 20% surge, and gaming token Immutable (IMX) with a 16% spike, are also performing well.

Bitcoin's rise to $91,508, with a 4.6% increase on the day, marks its highest price since early March. This surge has contributed to an 8% weekly gain and an 18% increase over the past 14 days. The recent sideways trading of cryptocurrencies, following an early-month plunge triggered by global tariffs and trade war volatility, has given way to optimism that the trade standoff with China will ease, leading to a green market today.