Crypto Market Update: Bitcoin surges past $88K; PIXEL, AUDIO, and MAGIC lead altcoin rally

Bitcoin (BTC) soared past the $88,000 milestone in today’s trade, gaining 1.18% over the last 24 hours to touch $88,312.29, extending its upward momentum amid strong market sentiment and renewed investor interest in digital assets.

The world’s largest cryptocurrency continues to dominate the digital asset landscape, as major altcoins delivered mixed performances. Ethereum (ETH) slipped nearly 3% to trade at $1,583.94, while Solana (SOL) fell 1.69% to $138.67.

Advertisement

Among the altcoins, BABY jumped 15.53%, while PEPE added 2.83%, and DOGE edged up 0.53%. However, OM witnessed a sharp decline of 4.53%, and XRP lost over 1%.

In the top gainers, PIXEL led the rally with a massive 51% gain, followed by AUDIO (+42.26%), MAGIC (+23.62%), and SYN (+23.08%). On the other hand, NKN plunged 31.69%, leading the list of top losers, with VOXEL (-22.18%) and EPIC (-17.70%) also falling significantly.

The surge in Bitcoin comes amid growing optimism over institutional adoption, upcoming ETF developments, and increased interest in crypto as a hedge in uncertain macroeconomic conditions. Analysts continue to watch BTC closely as it approaches its all-time high zones, with some anticipating further upside if momentum sustains.

Disclaimer: The above content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks and volatility.