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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Jumps To $87K – Why Is $BTC Up Today?

Bitcoin Donald Trump Metaplanet CoinGecko
Bitcoin jumped significantly Sunday night. (Credit: André François McKenzie/Unsplash)

KEY POINTS

  • Bitcoin surged to $87,000 from $84,000 Sunday, representing a 2.1% spike in the day
  • Top altcoins, except $SOL, saw small gains as the broader crypto market entered the green line
  • Some researchers noted how $BTC appears to be making a breakout from the downtrend

Bitcoin made a wild surge Sunday, allowing other top altcoins in the broader cryptocurrency market to see small gains as anticipation builds for potential trade deals the United States will make with other countries.

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