Bitcoin Hits $76K, Stellar Soars 7%
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Bitcoin Climbs Past $76K, XLM Rallies 7%
Most of the top 100 cryptocurrencies have charted some gains over the last day, yet Pi Network (PI) is once again among the losers.
The cryptocurrency market saw a renewed uptick over the past 24 hours, with many leading digital assets flashing in green.
Bitcoin (BTC) soared past $76,000, while popular altcoins such as Stellar (XLM), Toncoin (TON), and others ranked as the top daily performers.
BTC Heads North Again
The leading cryptocurrency has experienced heightened volatility over the past several days, driven mainly by geopolitical tensions and uncertainty in the Middle East. Towards the end of the last business week, its price climbed to nearly $78,000 after US President Donald Trump announced that the Strait of Hormuz was open, while later he argued that Iran had agreed to halt its nuclear program.
However, the Asian country denied those claims, which, combined with the renewed attacks in the region, caused BTC to drop below $74,000 on Monday (April 20).
Over the past 24 hours, though, the asset started pumping again and currently trades at around $76,400 (per CoinGecko’s data). This represents a 2% daily increase and a significant 11% rise over two weeks.
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