Bitcoin climbs past $85,000 as altcoins edge higher

  • Bitcoin recovered above $85,000 after Friday’s sharp reversal following the U.S. jobs report.
  • Bitcoin’s market capitalization reached $1.710 trillion, while its market dominance stayed at 59%.
  • Ethereum approached $2,700, XRP neared $1.50, and BNB moved toward $800.

Bitcoin rose slightly above $85,000 on Sunday after volatile trading following the U.S. jobs report. The cryptocurrency had briefly exceeded $87,000 on Friday before falling below $84,000 within hours, then recovered to $84,000 on Saturday. Its market capitalization reached $1.710 trillion on CMC, while its market dominance remained flat at 59%. Ethereum challenged $2,700, XRP gained 1.1% to approach $1.50, and BNB rose 2.9% toward $800. Most larger-cap altcoins (alternative cryptocurrencies) gained about 1% to 2%, while RAIN and PUMP were the strongest performers, rising almost 14% and 16%, respectively. The total crypto market capitalization increased by approximately $30 billion to $2.910 trillion.

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Bitcoin climbs past $85,000 as altcoins edge higher - CoinPost Terminal