Cryptocurrency Price on March 26: Bitcoin jumps above $70,000; Internet Computer, Shiba Inu rise up to 14%

economictimes.indiatimes.com:

cryptocurrency market cap also surged 4.4% to around $2.67 trillion in the last 24 hours.

Bitcoin surged past the $70,000 mark on Tuesday in early trade, surpassing the level for the first time in 10 days and gaining nearly 5% over the past 24 hours. Ethereum was up 4.8% during the same period, while tokens for major layer-1 blockchains Solana and Avalanche jumped nearly 4%.

«Bitcoin reclaiming $70,000 signals that the market is ready to push for another all-time high before the halving in 25 days. Bitcoin’s retest of $61,000 last week is likely a local low which will provide strong support post-halving in case of a dip,» said Vikram Subburaj, CEO, of Giottus.

Meanwhile, Shivam Thakral, CEO of BuyUcoin, said, «After a week of consolidating, Bitcoin broke $71,000 Monday and is now hovering around $70,000 which is acting as a temporary support. The next target for Bitcoin would be the $80,000 level breakout which would confirm the foundation for $100,000.»

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Other altcoins such as BNB (1.4%), XRP (2%), Cardano (3.1%), Dogecoin