PI Token Explodes by 25%, BTC Taps $116K as Crypto Markets Add $100B Daily: Market Watch

Bitcoin skyrocketed past $116,000 earlier today to set a multi-week high before it was stopped and pushed south by around a ￰0￱ altcoins have posted massive gains over the past day, led by ZEC and ￰1￱ of the larger caps are also well in the ￰2￱ Stopped at $116K Bitcoin surged at the beginning of the previous business week as well, when it added over six grand in hours and soared to $114,000. However, this rally was short-lived, and the asset slumped by eight grand almost immediately to almost $106,000. The following days were calmer, as BTC prepared for the Friday release of the CPI numbers for ￰3￱ the announcement went live, the cryptocurrency had calmed at $111,000 but jumped to $112,000 once it became known that the inflation is not as high as experts ￰4￱ following hours were less positive as BTC slipped to $110,000, but went on the offensive once again during the weekend and challenged $112,000 on ￰5￱ first, this resistance held but gave in after the US Secretary hinted at a major trade deal between the US and ￰6￱ broke past $113,000 on Sunday and kept climbing on Monday, surpassing $116,000 for the first time since the October 10 ￰7￱ it has been pushed south by $1,000 since then, it’s still 2.4% up on the ￰8￱ market cap has risen to almost $2.3 trillion, while its dominance over the alts is close to 58%.

BTCUSD.), ETH (4.2%), BNB (2.6%), and UNI (5%). SOL, DOGE, ADA, LINK, and HYPe are also in the green, albeit in a more modest ￰9￱ total crypto market cap has added over $100 billion since yesterday and briefly tapped $4 trillion earlier ￰10￱ Market Overview.