Bitcoin (BTC) is currently priced at $102,738.26, up 4.01%, while Ethereum (ETH) has risen to $2,217.13, marking a 16.77% increase. Other major cryptocurrencies, including XRP (+5.38%), BNB (+2.83%), and Solana (+8.01%), show positive trends. Stablecoins USDT and USDC are slightly down, and Bitcoin Cash (BCH) is the only major currency with a minor loss. The overall cryptocurrency market is thriving, with particular gains in Dogecoin (+8.17%) and Cardano (+8.57%). Analysts note the historically low Ether-Bitcoin (ETH/BTC) ratio, suggesting ETH may be undervalued, though concerns about Ethereum’s network activity and institutional interest persist. Bitcoin’s surge towards $100,000 positions it as a safe-haven asset amid economic challenges, as highlighted by crypto expert Shaurya Malwa from CoinDesk.
